Discover a unique investment opportunity in the heart of Koekelare with this exceptional apartment for sale, priced at €925,000. Located at Sint Maartensplein 1, this property offers a strategic and prominent position in the town center, making it an ideal choice for investors seeking a lucrative rental yield. The property comprises a diverse mix of units, each with its own distinct character and appeal, providing a comprehensive portfolio within a small-scale residence that offers both residential and commercial potential. The overall structure includes a ground-floor commercial space, two spacious residential units, and a modern triplex apartment, all meticulously maintained and fully rented, generating a total monthly income of €3,610. The commercial space on the ground floor boasts approximately 170 m² of versatile area, featuring a corner location with ample visibility, a toilet, office space, workroom, and storage facilities—making it suitable for various retail or service-oriented businesses. The first-floor apartment covers approximately 189 m² of living space, comprising an entrance hall, toilet, living room with access to a terrace, a functional kitchen, bathroom, and two bedrooms. This unit maintains an EPC label D with a consumption of 357 kWh/(m² year), offering comfort and practicality in a well-positioned residential setting. The second floor presents a loft-style apartment of around 145 m², with a hall, living area, kitchen, laundry room, large terrace, bathroom, two bedrooms, and an energy-efficient EPC label B at 181 kWh/(m² year). Additionally, a recent triplex apartment of 89 m² built in 209 provides a garage, spacious living room, kitchen, terrace, bathroom, two bedrooms, and an attic with potential for extra bedroom conversion—also with an EPC label B at 193 kWh/(m² year). Situated in a designated residential area free from flood risks and protected environments, this property benefits from gas heating and double-glazed windows. The building includes one garage and offers excellent rental prospects within Koekelare's vibrant community. As the property is currently not rented out and available upon signing the deed, it presents an excellent opportunity for immediate income growth or future development. Whether you are looking to expand your real estate portfolio or seeking a solid investment in the Belgian property market, this well-maintained complex delivers both stability and potential. Contact us today to arrange a viewing and explore the possibilities this unique asset offers in the dynamic Koekelare market. Want to know more?
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