Investment property for sale - Oostende RBU62376

Discover a remarkable investment opportunity in the vibrant coastal city of Oostende with this versatile property located at Zandvoordestraat 45 - 51. Offered at €850,000, this unique complex comprises three spacious residential units, a commercial retail space, and a fully equipped bakery, all situated on a generous 400 m² plot. The property is currently not rented, providing immediate access for further development or rental arrangements. Built in 1950 and recently updated with modern comforts such as double-glazed windows and gas heating, this property offers a compelling blend of historic charm and contemporary functionality. Its strategic location and flexible zoning possibilities make it an attractive choice for investors seeking to capitalize on Oostende's dynamic real estate market. This investment property boasts a total of eleven bedrooms across the three residential units, complemented by three bathrooms and a garage with space for one vehicle. The property's layout spans three levels, with potential for expansion—additional construction on the existing plots is feasible, enabling developers to connect to adjacent buildings or add up to three stories at the corner. The site allows for the creation of parking spaces on private land, with a minimum ratio of 0.9 parking spots per living unit, addressing practical needs for tenants or customers. The property’s energy performance is rated at 152 kWh/m² annually, with certifications in place to ensure compliance and transparency. Its location in Oostende offers proximity to local amenities, transport links, and the bustling seafront, making it ideal for mixed-use development or long-term rentals. Investors and developers are encouraged to explore the numerous possibilities this property presents. With its substantial land area and existing structures, there is ample scope for renovation, expansion, or conversion into a boutique hotel or commercial enterprise. The absence of any flood risk and the absence of heritage restrictions further enhance the appeal of this prime piece of real estate. Whether you are looking to expand your portfolio or establish a thriving business in a seaside setting, this property provides a solid foundation for future growth. Contact us today to arrange a viewing or to discuss how this exceptional investment can meet your strategic goals in the Oostende market.

* This text was generated using an artificial intelligence.

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