Property Overview
-
- Size:
- Undisclosed
-
- Usage:
- C1, C3
-
- Sale Type:
- For Sale
-
- Rental Income:
- €15,000
-
- Property Type:
- Apartments
-
- Auction:
- No
-
- Development Opportunity:
- No
-
- Investment Opportunity:
- No
-
- Tenanted:
- Yes
-
- Energy Rating:
- N/A
General Summary
Two beautifully presented and maintained Studio Apartments rented for short term holiday lets for the past 15 years by the same person. Both have sea views and located on the 3rd and 5th floors of a recently modernised and refurbished 3 star Apart Hotel overlooking the beach and Mediterranean.
Facilities of the Apart Hotel include gardens, tennis courts, two swimming pools, children’s fun centre, two restaurants, bar, 24 hour reception, private parking, key holder service and entertainment.
The studios are being offered from the lady owner with ongoing rental bookings and revenue, including winter lets for 2012 / 2013. Returning approximately 15.000 euros net per year, approximately 10% return per annum.
The studios have south facing balconies, newly refurbished bathrooms with full bath and shower, fully equipped kitchenettes, wardrobe with safe, air-conditioning, sold fully furnished, TV and DVD, telephone and UK TV connection.
Monthly costs per studio are currently 145€, includes use of all facilities the Apart hotel has to offer, also includes electric and water usage and private parking.
