Overview
Description
Versatile income property featuring a single-family home, h…
The property combines steady rental income with tourist rentals, offering an attractive yield with additional growth potential. The café is currently let for €1,603 per month and the fry shop for €1,000 per month, together providing €31,236 in fixed rental income per year.
In addition, the five hotel suites and the apartment are rented via Airbnb and Booking. The returns are already healthy but can be further optimized since not all rooms are currently let to their full potential due to the owners’ lack of time.
The four-room residential house can also be rented at an estimated €1,100 per month, which offers additional attractive income potential. Based on current and potential income, the estimated gross annual yield is approximately €55,000 to €59,000, with further growth opportunities through optimization of the holiday rentals.
Both the residence and the commercial section have compliant inspections and a favorable EPC certificate. The property is heated by a central gas heating system and has undergone necessary renovations in recent years. As a result, the whole is in very good to like-new condition, providing extra comfort and security for the future owner or investor.
An interesting investment for anyone looking for a spacious income property with multiple revenue streams, fixed tenants, tourist rental potential and a turnkey condition.
Highlights
* Multiple income streams
* Fixed rental income
* Tourist rental potential
* Additional rental potential
* Turnkey a…
| Available as of | Immediately |
|---|---|
| Number of floors | 3 |
| Building condition | Just renovated |
| Immovable heritage | Not specified |
| Asbestos certificate is available | Not specified |
| Usable floor area | 728 square meters |
|---|---|
| Bathrooms | 7 |
| Toilets | 7 |
| Surface of the plot | 449 square meters |
|---|---|
| Terrace | Yes |
| Primary energy consumption | 201 kilowatt hour per square meters |
|---|---|
| EPC/EPC label | C |
| Renovation works mandatory | No |
| Unique code EPB certificate | 20231220-0003082905-RES-1 |
| CO₂ emission | Not specified |
| Yearly theoretical total energy consumption | Not specified |
| Valid electricity inspection certificate | Not specified |
| Summons: No judicial remedy or administrative measure imposed | Not specified |
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Flemish register of measures consulted
|
Not specified |
| Valid flood certificate | Not specified |
| Heating type | Gas |
| Double glazing | Yes |
| Building permit | Not specified |
|---|---|
| Cadastral Plan | Not specified |
| Right of first refusal for the tenant | Not specified |
| Allotment permit | Not specified |
| Preemption right | No |
| Most recent urban development zoning | Not specified |
| Flood zone type | Non flood zone |
|
P-score
|
B |
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G-score
|
B |
Asked price excluding notary fees (excluding eventual registration fees)
| Price | 899000 € |
|---|---|
| Price per m² | 2002 m² |
| Tenement building | No |
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Immo Francois Blankenberge (IPI 505469)
| Address |
Grote Markt 1
8370 - Blankenberge |
|---|---|
| Website |
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| Agent's name | Beau Pieters |
| Phone number | +32494341031 |