Village House For Investors In Pals With Several Homes And Commercial Spaces
6 Beds
4 Baths
7,126 Sqft
2,993 Sqft lot
Updated: August 11
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About the Property
Village house located in the old town of Pals, an exclusive area with a lot of charm. Located less than 10 minutes from the beach. With a total of 662 m2 built, on a plot of about 278 m2. It consists of 4 apartments, 3 commercial spaces, and a storage room. Currently, everything is rented long-term except for the storage room. With a gross annual yield of nearly 7%. The rents could be improved, as
Village house located in the old town of Pals, an exclusive area with a lot of charm. Located less than 10 minutes from the beach. With a total of 662 m2 built, on a plot of about 278 m2. It consists of 4 apartments, 3 commercial spaces, and a storage room. Currently, everything is rented long-term except for the storage room. With a gross annual yield of nearly 7%. The rents could be improved, as the current owners are not looking to maximize profitability. A comprehensive renovation was carried out in 2005, renovating interiors, roof, and installations. It is distributed over several floors: -Ground Floor: With 3 commercial spaces rented to businesses. -1st Floor: We find 4 apartments, one of them, the smallest, is a rent-controlled rental, being the only unit that was not renovated. -Semi-basement: with a storage room that is currently not rented. It has 2 terraces. Possibility of dividing into two independent properties.