Apartment for sale - Avelgem RBS80157
Kerkstraat 23 8580 Avelgem
1 200 000 €
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Description
This investment property in Avelgem, located at Kerkstraat 23, offers a unique opportunity with its combination of residential and commercial spaces. The building comprises nine apartments, each featuring a minimum of two bedrooms and a terrace, providing ample living space for residents. Additionally, there are two commercial units situated on the ground floor. Built in two phases, one section dating back to 1984 and the other completed in 2004, the property is equipped with elevators servicing both sections, ensuring convenience for all tenants. Financially, the property offers a notable net yield of 4.23%, with the potential for further optimization. At present, there are no rent arrears as of February 2025, which adds to the attractiveness of the investment. The building stands prominently with a 20-meter-wide façade and falls within a designated residential area, making it an ideal fit for urban or rural settings alike. Accessibility is straightforward, with no current preemptive rights affecting the sale, and the property is not protected under any heritage or environmental provisions. Interested buyers can request detailed yield calculations and additional photos to gain a better understanding of the investment's potential. This property is available for purchase at €1,200,000, with transfer by deed.
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- Price: 1 200 000 €
- VAT: No
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More information
General info
Build Year
1984
Availability
On contract
Equipment
Alarm
No
Elevator
Yes
Access for disabled
No
Outdoor description
Floor of appartment
0
Frontage width
20 m
Terrace
Yes
Balcony
No
Town planning and environmental risks
Planning permission granted
No
Preemption right
No
Urbanism affectation
Residential zone (residential, urban)
Flooding Area type
no flooding area
Demarcated flooding area
(information not available)
The property and/or its surroundings are protected.
No
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