Key Features
Beds 9
Baths 6
Plot Size 2195 m²
Living Area 300 m²
Terrace Yes m²
Parking Yes
Unlock Exceptional Investment Potential Near Moraira: Multi-Unit Property with Development Opportunity
> Imagine a versatile property just moments from the sought-after Moraira coastline, offering immediate rental income and substantial future development potential. This converted office building features four apartments: two beautifully renovated and currently generating revenue, and two ripe for customization and increased value.
> The property comprises a spacious three-bedroom apartment and three two-bedroom units, all situated on a generous 1200m² plot. Adding to its appeal is an adjacent 1000m² building plot, already approved for separation, offering the exciting possibility of further development or resale.
> Enjoy ample parking for 10+ vehicles and a mature garden, creating an attractive environment for tenants or future residents. The renovated apartments boast modern amenities, including American-style kitchens, spacious living areas, and air-conditioning. The remaining units present a blank canvas for your vision, allowing you to tailor them to maximize rental income or resale value.
> This is more than just a property; it’s a strategic investment opportunity in a prime location. Don’t miss your chance to capitalize on the growing demand for quality rentals and development potential near Moraira.
The first apartments on the right of the building have a large American style kitchen with a spacious living area and air-conditioning unit. There are two bedrooms, one with an en-suite as well as a family bathroom. One of the bedrooms is currently being used as a dressing room.
The second apartment offers a spacious living area with fireplace, ceiling fan and u-shaped American kitchen. There are two bedrooms and a good-sized bathroom.
The third apartment is currently being used as an office and will need to be renovated. One bedroom is being used as a storage area and the kitchen is fairly new. An air-conditioning unit has already been installed and it would not take too much work for this to become a good living space once again.
The fourth apartment which requires renovation has a fireplace and an air-conditioning unit. Most of the work required will be re-plastering of the walls and an en-suite bathroom which will need to be renewed.
There are many possibilities with this property and the adjoining land, an investment opportunity not to be missed.