Properties for sale

Eight apartments - live in 1 and earn an income

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Looking to make the move to the Caribbean but want a steady income?

Opportunities to buy a profitable business to include 'bricks and mortar' rarely come along at this low price, but owner is forced to move back to Europe to take over the family business back home. This is one lucky person's chance to snap up a business, real-estate and an income in one go!

This small block of 8+ apartments is located in a quiet residential area of Sosua, close to the town center and beach. 5 of the apartments are currently rented out, and the owner uses 3 for an office, workspace and living area.
The average income is around US$2000 per month, but could be pushed up to around $3000-$3500 with a bit of improvement and investment.

The top level which at the moment consists of a small apartment and a large terrace could be turned into a luxury penthouse suite to maximize income. The current owner did have plans to do all this but has been forced to hold off due to the planned move.

Building has an inverter with batteries and a generator which is not being used at present.

All furniture is included in the price.

This is a great investment for someone who wants to earn an income from day 1, and you can also improve the property if you want to grow your investment.

Owner also has a confectionery business supplying supermarkets and restaurants with cakes and other delicacies which is also available along with the building for a package price of $395,000. This business can easily be run by one person as it is now and brings in a good profit! Full detailed accounts available to serious buyers only.

Features

Balcony

Cable

Phone

Internet

Near Town

Near Beach

Fully Furnished

Parking

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 911

 

 Commercial

 Available

 Average

 US$ 365,000

 Sosua

 8

 8

 550 m2 (5,920 ft)

 356 m2 (3,832 ft)



Contact Details

You can contact us immediately about this property using the email form below or you can call us on 1-829-388-1430.


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