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Commercial unit for sale in Torrevieja, Alicante, Spain.

Super offer for investors or just for serious people! Large commercial local of more than 220 m² just 250 meters from the "Playa de Los Locos" in Torrevieja and very close to all services

The geometry and surface of this magnificent commercial ground floor allows it to be converted into 5 individual homes or tourist apartments

The estimated cost of conditioning and renovation work would be €750 - €800/m²

After all the investments and expenses, the average cost of each home would be €75,000 - €80,000, with its sales value on the insured market being a minimum of €135,000

In the case of tourist rentals, the investment amortization period taking into account the average degree of occupancy would be up to 4 years

The best option: exploit it during the amortization period and then sell the apartments separately, profitability more than 200%

If you are interested in this investment offer, contact us and we will give you more information

€159,500
Reference
MLSC6271257
Region
Alicante
Location
Torrevieja
Type
Commercial unit
Area
223 m2
Bedrooms
0
Bathrooms
0
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  • Entrance Hall

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