Apartment block for sale

Income property with 5 units on a corner location in the ce

This well-maintained investment property is located at a strategic corner in the center of Heist, within walking distance of the seafront and the renovated promenade. Due to its central location, well-maintained state, and strong rental income, this property represents an attractive investment with immediate returns and future growth potential.

The building consists of four pleasant, light-filled apartments and a commercial ground floor, all in a well-maintained condition. The apartments underwent thorough renovation in 2017, including the renewal of technical installations. Additionally, the building has favorable EPC (Energy Performance Certificate) scores, mainly with a 'B' label.

Currently, the property generates an annual rental income of €41,500. The four apartments are rented through the social rental agency Zetus, yielding €28,800 per year with a contract running until 01/04/2027. After this period, private rental offers the opportunity to significantly increase the returns, with a potential additional income of approximately €200 per apartment per month.

The commercial ground floor is leased under commercial lease and provides a stable rental income of €12,700 per year.

Each apartment features a spacious and light-filled living space, open kitchen, practical storage room, separate toilet, bathroom with shower and washbasin, and bedrooms with pleasant dimensions. The apartments on the first and third floors have 2 bedrooms. Currently, the second and fourth floors