House for sale

Revenue property consisting of 4 licensed entities (to be r…

Are you looking for a unique investment opportunity in the centre of Ostend? This yield property with four licensed entities offers an excellent opportunity for both novice and experienced investors or for own occupation. Located in a prime location, this historic property offers numerous opportunities for tenants and owners.

Features:

- Excellent Location: Located in the heart of Ostend, within walking distance of shops, restaurants, and the beach. This central location guarantees constant demand for rental properties.

- Four Licensed Entities: The building consists of four separate, efficiently zoned residential units, each with lots of authentic features and potential for an attractive rental price. This ensures pleasant, light-filled living spaces and a stable and diversified income stream. Large, dry basement with space for private storage and/or bicycles.

- Outdoor areas: The property is one of the few on this street to feature a spacious garden and 1 or 2 terraces per flat, allowing residents to enjoy outdoor space in the city.

- Renovation potential: Although the property is in need of renovation, this building in good condition offers a great opportunity to upgrade the units to modern standards with a relatively limited budget and increase the rental value.

- Versatility: The entities can be rented out separately or joined together to form duplex flats or converted into freehold properties or a single-family home for those looking for abundant space.

Why In…