Apartment for sale - Maaseik

Discover a charming investment opportunity in the vibrant heart of Genk with this well-situated apartment, offered at an attractive price of €97,000. Located at Grotestraat 24, number 2, this property provides an ideal urban residence or rental asset in a central setting. The apartment is positioned on the second floor of a building constructed in 1968 and comprises a spacious 36 square meters of living space. It features a single large room, perfect for versatile usage, along with a bathroom conveniently located in the hallway opposite the main living area. The property also boasts a generous terrace or veranda overlooking the nearby Centrumlaan, offering a pleasant outdoor space for relaxation or leisure activities. With two façades, the apartment benefits from good natural light and airflow, enhancing the overall living experience. The property is equipped with gas central heating, ensuring comfort during the colder months. It is currently rented out under an 11-year lease at a monthly rental of €432, which makes it particularly appealing to investors seeking a steady income stream. The monthly communal charges are approximately €50, covering maintenance and shared expenses. While the electrical installation certificate does not meet current standards, the apartment’s EPC rating is C, indicating reasonable energy efficiency. Its location provides excellent connectivity, being close to the train station and within easy reach of main roads, making commuting and access to surrounding cities such as Hasselt, Diepenbeek, and Maastricht straightforward. The immediate availability allows for a seamless transition, and the property’s status as a long-term rental makes it an excellent addition to a diversified real estate portfolio. Situated in a predominantly residential area designated for living purposes, this apartment benefits from a peaceful yet accessible environment. It lies outside flood-prone zones, with no preemption rights or additional building restrictions impacting its use. Its central position in Genk means tenants and residents can enjoy proximity to local amenities such as shops, restaurants, pharmacies, and public transportation—all within walking distance. This makes it not only a practical choice for tenants but also an attractive investment for those looking to expand their property holdings in Belgium’s dynamic real estate market. Whether you are seeking a foundation for rental income or a manageable first property, this apartment offers excellent value and promising potential. Contact us today to arrange a viewing or receive further information on this exceptional opportunity. Want to know more?