Studio flat for sale
€159,500 - Torrevieja AlicanteTorrevieja Alicante
Studio flat for sale
- Beds: 0
- Price: €159,500
- Status: Available
- Internal Reference No.: 146284
- Area: 223 m2
Overview
Super offer for investors or just for serious people! Large commercial local of more than 220 m² just 250 meters from the "Playa de Los Locos" in Torrevieja and very close to all services. The geometry and surface of this magnificent commercial ground floor allows it to be converted into 5 individual homes or tourist apartments. The estimated cost of conditioning and renovation work would be 750 - 800/m². After all the investments and expenses, the average cost of each home would be 75,000 - 80,000, with its sales value on the insured market being a minimum of 135,000. In the case of tourist rentals, the investment amortization period taking into account the average degree of occupancy would be up to 4 years. The best option: exploit it during the amortization period and then sell the apartments separately, profitability more than 200%. If you are interested in this investment offer, contact us and we will give you more information.
- Spain Property Shop
- Orihuela Costa, Alicante
- 965322270
- 643285957
- www.spainpropertyshop.es
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-06-24, Viewed 0 times.
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