Building Residential of 217m2 for sale in Olive, The photo 1
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Building Residential of 217m2 for sale in Olive, The

868 000 

4 000  / m²

Las Palmas, Olive, The

Ref: 63325

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ResidentialSubcategories
217 m²built square meters
Unlock the potential of this unparalleled investment opportunity nestled in the vibrant heart and frontline of Corralejo, a beloved tourist destination. This property, situated along the picturesque beachfront, boasts a coveted position in one of Corralejo's most sought-after areas.With its prime location on tourist registered land, this property presents limitless possibilities for lucrative ventures in the hospitality sector. Whether you envision a boutique bed and breakfast establishment or wish to transform it into four spacious apartments, the groundwork has been laid with a pre-existing license and project plan for 50 square meter units.Seize the chance to shape your investment future in this thriving coastal town. For further details and to arrange a viewing, do not hesitate to contact us. Our team at Carpe Mundi Real Estate is dedicated to assisting you every step of the way.
This information has been obtained from public sources and may not be up to date. It does not represent a link with the developer.

Property data

  • SubcategoriesResidential
  • built square meters217 m²
  • Property typeSecond hand

Energy certification

  • Energy certificate

Top new builds in Spain

Mortgage calculator

Property price
Down payment
30,00%
Term in years
Interest rate type
Interest rate
Purchase taxes and fees
9,00%
Calculate:,,,,,,,
Monthly mortgage payment2 891 €
Amount financed by bank607 600 €
Taxes and expenses78 120 €
Final property cost including expenses946 120 €
Property cost after mortgage payoff (with interest)
1 301 168 €
incl. interest: 355 048 €

Profitability calculator

Property price
Renovation cost
100 000 €
Purchase taxes and fees
9,00%
Calculate:,,,,,,,
Additional expenses
100 000 €
(fees, legal procedures, registration, other expenses)
Expected monthly rent
10 000 €
Exit property price

Expenses (annual estimates)

Property tax
Community fees
Insurance
Other expenses

Address

Las Palmas, Olive, The

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