Description

Attention! Profitable business in Spain – €2.25 million, 6.5% annual return!

Sale of a new 16-apartment building near the University of Alicante!

• Total land area: 400 sqm.
• Total construction area: 1620 sqm.
• The building consists of 16 apartments, including 13 apartments with 2 bedrooms and 1 bathroom, and 3 apartments with 1 bedroom and 1 bathroom.
• Each apartment also has a storage room and one parking space in the underground parking.
• All apartments are equipped and have PVC windows and blinds with automatic control, built-in wardrobes, household appliances, and a fully equipped kitchen and bathroom, air conditioning hot/cold, hot water through aerothermy.
• In the building: elevator, two underground parking floors, solar panels, playground, and recreation area. In front of the building, there is a park area.
• The building is sold in its entirety.
• The future owner can sell the apartments separately or rent them out.
• The cost of long-term rent in this area is at least €800 per month per apartment, which will give the owner at least €160,000 per year.
• Building price: €2,250,000 + 5% real estate agency commission. Flexible payment terms.

An excellent profitable business with an investment in a brand new building in the city of Alicante!