Investment property for sale - Oostende RBS90514
Leopold II-laan 20 218 8400 Oostende
195 000 €
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Description
This investment property is a modern hotel room located within the 4-star Mercure Hotel, situated in the historic center of Oostende, known as the queen of coastal cities. This prime location offers close proximity to a variety of shops, restaurants, the casino, the beach, and the sea, all within walking distance. The room is fully furnished with a double bed, bathroom with bathtub/shower, air conditioning, a flatscreen TV, coffee and tea facilities, Wi-Fi, and a safe. Guests can enjoy a comprehensive breakfast buffet in the morning and spend relaxing moments in the cozy hotel bar. The property is managed by an experienced team, ensuring that as the owner, you have no worries about maintenance, rental, or administration. This investment offers quarterly profit shares from operations. The room is sold under a leasehold formula, with an annual fee that is partially tax-deductible. Expected annual net returns range from €4,500 to €5,000 after deducting the fee, property tax, and maintenance costs. The net yield ranges from 2% to 2.5%, which can increase to 2.5% to 3% due to tax advantages on the fee (up to 50% recoverable via personal income tax). Additionally, owners have the unique advantage of using the property for personal stays up to 45 days per year at just €40 per night, including breakfast. This opportunity offers a worry-free investment in a strong location with stable returns and personal benefits. The property is offered at €195,000 and presents an attractive option for those looking to invest in a vibrant and culturally rich coastal city like Oostende.
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Show all Show lessFinancial details
- Price: 195 000 €
- VAT: No
Services
More information
Equipment
Alarm
No
Elevator
No
Access for disabled
No
Outdoor description
Floor of appartment
0
Balcony
No
Town planning and environmental risks
Building permission granted
Yes
Planning permission granted
Yes
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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