Investment property for sale - Gent RBS90890
Koningin Astridlaan 132 9000 Gent
1 250 000 €
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Description
This investment property is located on Koningin Astridlaan in a peaceful and residential area of Gent, just 250 meters from the Gent-Sint-Pieters train station. The building consists of a total of eight units, including one commercial space and three apartments. Additionally, there is an extra apartment and three studios, which currently have a different use from the original permit. All units come with a conformity certificate issued in 2020, allowing them to be rented out normally. For more detailed information about the urban planning status, you can freely consult the urban planning details on our website. The property underwent a complete renovation in 2013, including an update to its façade in 2021. The building features double-glazed windows throughout and a newly installed heating system. Upon the act's signing, all units will also have a conformity electrical inspection certificate. Each apartment has separate utilities for electricity, gas, and water. The units vary in size from 25 to 60 square meters, providing potential tenants with a range of living options. Currently, all units in the building are rented out, generating an attractive annual gross yield of over €67,000, offering a return of approximately 5.35%. This property presents an excellent opportunity for acquiring a profitable investment asset with stable and appealing returns. The total ground area of the property measures 135 square meters, and it is connected to all essential utilities. The cadastral income for the property is €996, making it an appealing option for investors seeking long-term value.
* This text was generated using an artificial intelligence.
Show all Show lessFinancial details
- Price: 1 250 000 €
- Cadastral income: 996 €
- VAT: No
Services
More information
General info
Build Year
1918
Outdoor description
Floor of appartment
0
Number of facades
2
Total land surface
135 m²
Gas
Yes
Electricity
Yes
Running water
Yes
Certificates and Compliance
Certification - Electrical installation
yes, certificate in accordance
Town planning and environmental risks
Preemption right
Yes
Urbanism affectation
Residential area of cultural, historical value
Flooding Area type
no flooding area
Demarcated flooding area
(information not available)
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