2 Bedroom Home and 5 Rental Apartments

Description:

This 730m² property is ideally located in Flamingo, just a 5-minute drive from the beach, offering an excellent blend of income potential and prime location. The property consists of two buildings, each spanning two floors.

The first building, measuring 164m², features a one-bedroom apartment on the ground floor that requires some remodeling and offers a multifunctional space. The upper floor houses a 2.5-bedroom unit, ideal for a family residence or as an additional rental income opportunity.

The second building comprises four well-maintained apartments: two with two bedrooms and two with one bedroom. All apartments are currently rented, providing a steady and reliable rental income.

The property is equipped with five electricity meters and two water meters, making it convenient to manage multiple tenants. Additionally, there is a 30m² storage shed in the garden, offering extra space for storage or potential future use.

This property represents a solid investment opportunity, located close to the beach in a highly sought-after area, and is ready to generate income from day one.