Great opportunity to buy a unique complex with a great return on investment.
The place comes fully furnished and is ready & perfect to use as bed and breakfast, short term rental, & or long term rental.
Based on long term numbers this place has an ROI ( Return of investment ) of 10% (history on paper).
This one-of-a-kind Villa with a build-up size of 317m2 (3412.16sqft) is turned into 6 apartments, on the ground floor 4 apartments with 1 bedroom and 1 with 2 bedrooms, on the first floor is another 2 bedroom apartment with balcony. The house is build with good quality building materials in 2004 and and is repainted every few years.
Pool always have taken good care of and get cleaned 2 times a week. All apartments with new air-co units in the bedrooms.
All units have their own parking spot.
In the back of the yard you will find a beautiful pool surrounded by 5 apartments with an build-up size of 180m2. Three 2-bedrooms apartments with own kitchen and bathroom.
One 1-bedroom apartment with own kitchen and bathroom and 1 huge corner studio with own kitchen and bathroom.
The apartments are connected to a huge lounge area, outside bar, chairs, tables, and beach chairs to relax at the pool.
The plot is located on an asphalted road in the residential area in Paradijswijk, Oranjestad, a 10 minute drive from the airport.
Within a minute drive the new highway can be reached and will bring u within 5 minutes to Eagle beach and the High-rise area where all the populair restaurants are.
Supermarkets, Xavier University, and the city center of Oranjestad can be reached within 5 minutes.
|Property Type:||Commercial for Sale|
|Lot size:||1124 m2|
|Build up size:||497 m2|
|Outbuilding size:||60 m2|