This investment property for sale at Rue Servais 47 in Spa offers a unique opportunity to acquire a building composed of three distinct apartments, each featuring terrace and garden access. Priced at €355,000, this well-structured real estate asset extends over three floors plus an entresol level and boasts a total land area of 151 m² with a south-facing façade. The property includes four bedrooms distributed across the apartments, two bathrooms, and two shower rooms, ensuring comfortable living spaces suitable for diverse tenant profiles. Each apartment benefits from individual utility meters for gas, water, and electricity, along with three separate gas boilers providing efficient heating and hot water production. The building’s roof is in good condition with waterproofing beneath the tiles, and the window frames are double-glazed PVC, contributing to energy efficiency. Inside, the apartments present modern kitchens equipped with appliances such as ovens, induction or vitroceramic hobs, extractor hoods, dishwashers, refrigerators, and sinks. The layout includes communal entrance halls and storage spaces on the ground floor. The duplex apartment on the top floors offers additional flexibility with an attic space that can be converted into a bedroom with mezzanine. Although the electrical installations require updating to meet current standards, the property holds energy performance certificates ranging from class B to D depending on the floor, with the ground floor showing the best energy rating of 168 kWh/m²/year. The outdoor space includes a 50 m² garden area and terraces that enhance the living experience for occupants. Importantly, this property complies urbanistically for use as three separate apartments. Situated in Spa, this property benefits from its location in a well-known city within Belgium’s Wallonia region, known for its historical thermal baths and attractive natural surroundings. The address does not specify further neighborhood details but ensures a residential setting suitable for rental investments. The current total monthly rental income amounts to €1,500, with an expected indexed rent increase bringing it to approximately €1,900 per month. With a cadastral income of €1,560 and no VAT applicable, this investment presents a solid financial profile for potential buyers seeking income-generating real estate in the area. For further information or to arrange a viewing appointment, interested parties are encouraged to contact the seller referencing Immovlan listing VBE41304.
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