Investment property for sale - Nieuwpoort RBU43546

Discover a remarkable investment opportunity in the charming seaside town of Nieuwpoort with this duplex property located at Astridlaan 41-43. Priced at €390,000, this unique real estate offering comprises two separately licensed residential units on the same cadastral parcel, each with its own private entrance, garden, and distinct house number. This dual-unit setup provides an attractive rental yield potential, making it an ideal choice for investors seeking steady income in a desirable location. The property’s strategic positioning in Nieuwpoort ensures proximity to the coast and local amenities, enhancing its appeal for tenants and future owners alike. The first unit, a bel-etage residence, features a welcoming layout with an entrance through a private door leading into a spacious living area with a half-open kitchen, a modern bathroom equipped with a shower, washbasin, and toilet, along with two generous bedrooms. The large cellar offers ample storage and access to the west-facing garden, which benefits from excellent afternoon sunlight. Upstairs, a versatile attic space invites customization — perfect for creating additional living or recreational areas. This unit is currently occupied by a long-term tenant who has been renting for over 16 years and wishes to continue if possible. The second unit, a ground-floor apartment, offers similar features with its own entrance, living space with a half-open kitchen, bathroom, two bedrooms, and a cellar leading to the garden. Both dwellings are rented out, providing an immediate income stream with a gross rental yield of approximately 3.85% for the bel-etage unit and 3.33% for the ground-floor apartment, based on current rental income. Constructed in 1957 and currently in need of renovation, this property sits within a primarily residential area designated for housing purposes. It is well-equipped with double-glazed windows, electric heating, and essential utility connections to water and electricity. The property spans a total of 283 square meters of land with a combined living area for both units that offers versatility and potential for future enhancement. Although the building's EPC indicates an energy consumption of 577 kWh/m²/year and the electrical installation certificate needs updating, these aspects present opportunities for modernization and energy efficiency improvements in future renovations. Located outside flood-prone zones and within a peaceful yet accessible neighborhood, this investment is ideal for those seeking a combination of rental income and property development potential. To explore this promising opportunity further or to arrange a viewing, contact your real estate agent today and secure your place in this vibrant seaside community.

* This text was generated using an artificial intelligence.

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