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New Investment Project 4 Apartments and a FREE Building Plot of 1200sqm Close to Moraira Centre JUST REDUCED FROM 724,000Euros

699.900
ID-26839 - For Sale
New Investment Project 4 Apartments and a FREE Building Plot of 1200sqm Close to Moraira Centre   JUST REDUCED FROM 724,000Euros
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.

 

Attractive gardenClose to amenitiesIdeal For RentalParking
Steve Limb Steve Limb (Oceanview Estates)
+34 676 674 111