This is a rare opportunity to purchase a whole, recently built building with four studios, four 1 bedroom apartments, a 1 bedroom penthouse with large roof terraces and a commercial unit at ground level with a basement.
Located just 400m from the main tram/train station and just a 15 minute walk from Poniente Beach and Benidorms bustling 'old town'.
This building offers excellent investment potential for either long term rental or, with the addition of a tourism licence, a shot term holiday rental business.
A rent to buy option would also be considered. As an example:
Deposit 30% - €208,500
24 monthly payments of €2500 - €60,000
Balance in 24 months - €426,500
Total - €695,000
* (Figueres exclude taxes)
Estimated long term rental potential:
4 Apartments: €500 - €550 per month each
4 Studios: €450 - €500 per month each
A Penthouse: €550 - €600 per month
Total: €52,000 - €57,600 per year
Plus the commercial unit.
Estimated short term holiday rental potential:
4 Apartments: €50 - €80 per day
4 Studios: €45 - €75 per day
A Penthouse: €55 - €85 per day
Total: €158,775 - €257,325 per year
Plus the commercial unit.
Contact us for further details and to make viewing arrangements...