Discover a prime investment opportunity in the charming municipality of Pittem with this well-positioned multi-unit property offered at €650,000. This property benefits from a solid reputation as a reliable rental asset, boasting a spacious layout with nine individual rooms, making it ideal for diversified income streams. The property is immediately ready for occupancy, with all necessary conformities and certifications in place. Its features include two shared kitchens and two communal bathrooms, designed to accommodate multiple tenants comfortably. The building is equipped with a central fire alarm system, a fully insulated roof with a vapor barrier, and electrical systems that meet current standards, including a valid electrical installation certificate. The central gas-heating system ensures efficient warmth throughout, while double-glazed PVC windows promote energy efficiency and sound insulation. The ground surface spans approximately 932 square meters, providing ample outdoor space, including a large, paved parking lot at the rear that can comfortably accommodate up to 30 vehicles. The property’s exterior combines functional design with practical amenities such as a garden oriented westward for enjoying outdoor leisure. Inside, the building features three floors, with the third floor offering additional living space or potential for further customization. The interiors are designed with comfort and functionality in mind, with nine bedrooms suitable for various rental configurations. The energy performance certificate indicates an energy consumption of 276 kWh/m²/year, valid until February 2036, ensuring compliance with local regulations. Located within a residential zone classified as "living area" (woongebied), this property enjoys excellent accessibility and proximity to public transportation, making it particularly attractive for tenants seeking convenience. Pittem’s serene yet connected environment offers an ideal setting for stable rental income with a projected yield of around 6%, coupled with diversified risk due to the multiple units. Its structural integrity combined with modern amenities makes this asset a compelling addition to any real estate portfolio. Don’t miss this opportunity—contact us today to arrange a visit or obtain further details and discover how this property can fulfill your investment goals in the Belgian market.
* This text was generated using an artificial intelligence.