Unique investment opportunity!
This lovely apartment complex is situated in the area of Noord, close to the High- and Low-Rise Hotels which makes this complex very suitable as an investment opportunity. San Miguel 11-A is a nice and quiet complex which consists of 1 house and 4 separate apartments with their own private entrance. The complex has been recently renovated.
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At the front of the property you find the entrance to the house and a separate entrance to the apartments. One of the apartments is at the second floor, above the house. This apartment has got an amazing view and has been very popular by renters for years. All other apartments are on the ground floor.
The house is on the ground floor with a spacious lounge, luxurious open European kitchen, two bedrooms with air conditioning and a modern style bathroom adjacent to the master bedroom.
At the back of the house is a spacious private garden. In the garden, is another bathroom. This is convenient for when you want to relax in the garden area and have guests staying over.
At the back of the house there are three apartments. Each apartment has a living room, open kitchen, bedroom with air conditioning and a bathroom.
The site is fully fenced in and paved with tiles and gravel. There is enough space to park your car in front of the complex.
This complex is very suitable for personal occupation and for short and long term rentals. The apartments and the house are currently fully rented out, which makes this property a profitable and interesting investment.
We have various financial overviews available at our offices regarding the return on investment for this property.
Appraisal report is available upon request.
This apartment complex is for sale at USD 340,000 / AWG 595,000 buyer's costs.