Investment property for sale - Oostende RBU30261

Discover an exceptional investment opportunity in Oostende with this expertly renovated multi-unit property located at Rietstraat 3. Priced at €399,700, this property offers a proven income stream through two fully rented apartments, making it an ideal choice for savvy investors seeking immediate and reliable returns. The building, originally constructed in 1965, has been meticulously upgraded in 2023 to meet modern standards, with certifications confirming its energy efficiency (EPC B - 126 on the first floor and EPC B - 174 on the second). The property’s strategic design comprises a ground-floor storage space with an enclosed spacious garage, providing ample storage and parking solutions. Upstairs, the first apartment features a comfortable living room with an integrated kitchen, a toilet, a bathroom, a master bedroom, and a versatile office or second bedroom. The second apartment mirrors this layout, ensuring consistency and functionality across both units. Both apartments have long-term tenants, reinforcing the property's reputation as a dependable income-generating asset. The property is authorized as a multi-family dwelling with parking on the ground floor, conforming to all relevant regulations, with electrical installations certified according to AREI standards. Situated in a residential area of Oostende, the property benefits from its convenient location within a city known for its vibrant seaside atmosphere and excellent amenities. The building’s orientation and outdoor features include a south-facing garden and terrace, perfect for outdoor leisure or potential future enhancements. The total land surface amounts to 64 m², providing a compact yet functional outdoor space. Heating is supplied through gas, complemented by double-glazed windows that enhance energy efficiency and comfort throughout year-round. The property is connected to all essential utilities—gas, water, and electricity—and meets current safety standards with a valid electrical certification. Its favorable location ensures ease of access to local shops, schools, and public transportation, making it appealing both for tenants and future owners. This investment property is an excellent addition to any portfolio, combining modern renovations with proven rental income in a sought-after coastal city. With no ongoing renovations required beyond the recent upgrades, it offers peace of mind alongside strong financial potential. Whether you are looking to expand your real estate holdings or seeking a reliable rental asset in Oostende, this property presents a compelling opportunity to secure a steady return on investment. For more details or to arrange a viewing, please contact us today and take the next step toward enhancing your real estate portfolio in Belgium’s vibrant coastal region.

* This text was generated using an artificial intelligence.

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