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Real estate transaction with a yield of 300%
Spain, Valencia Autonomous Community, Torrevieja - view exact locationCommercial Real Estate information
Terms of alienation: Simple sale
Owned Area Size: 800 sq.m.
Description
Offer for investors! A building for sale for a mini hotel in a major tourist town in the south of the province of Alicante. The building has several one or two bedroom apartments. each with a salon. kitchen. bathroom. utility room. balcony. with underground parking. second line of the sea. 20 meters to the embankment. Developed infrastructure within walking distance. The facade is new. year of construction 2008. but renovation is needed. You can use it as a mini hotel or sell the apartments separately. Really great offer! Purchase price 325.000 euros. Sales price with renovation 1.040.000 euros. Cost 325.000 euros. Sales price with repair 1.040.000 euros.
