Are you looking for a unique investment opportunity in the centre of Ostend? This yield property with four licensed entities offers an excellent opportunity for both novice and experienced investors or for own occupation. Located in a prime location, this historic property offers numerous opportunities for tenants and owners.
Features:
- Excellent Location: Located in the heart of Ostend, within walking distance of shops, restaurants, and the beach. This central location guarantees constant demand for rental properties.
- Four Licensed Entities: The building consists of four separate, efficiently zoned residential units, each with lots of authentic features and potential for an attractive rental price. This ensures pleasant, light-filled living spaces and a stable and diversified income stream. Large, dry basement with space for private storage and/or bicycles.
- Outdoor areas: The property is one of the few on this street to feature a spacious garden and 1 or 2 terraces per flat, allowing residents to enjoy outdoor space in the city.
- Renovation potential: Although the property is in need of renovation, this building in good condition offers a great opportunity to upgrade the units to modern standards with a relatively limited budget and increase the rental value.
- Versatility: The entities can be rented out separately or joined together to form duplex flats or converted into freehold properties or a single-family home for those looking for abundant space.
Why Invest in This Property?
- Stable Rental Market: Ostend is a popular destination for tourists and locals alike, ensuring stable demand for rental properties.
- Future Value Increase: With the right renovations and updates, this property has the potential to significantly increase in value.
- Pleasant living environment: both in terms of location and occupancy in this beautiful property with very airy and light-filled rooms and garden. 1) Urban zoning
Wg: residential area
2) Protected heritage: no
3) Listed heritage:
not applicable
4) Electricity inspection certificate: yes (compliant or non-compliant) or no
5) Renovation obligation: yes (for 1 of the units)
6) Flood report:
Plot score or P-score: C: low probability of flooding
Building score or G-score: C: small chance of flooding
Location in signal area: no
Location in defined riparian zone or defined flood plain: no
Property type | House |
Bathrooms | 4 |
Bedrooms | 6 |
Habitable area | 285m2 |
Cadastral income | € 1.236 |
EPC certificate number | 20240515-0003246909-RES-1 |
This property has an excellent mobility score, based on the distance to nearby amenities.
The Realo Estimate is the estimate of the market price of a property. A sale/rent estimate for Peter benoitstraat 3, 8400 Oostende is available now.
Value your property instantly using Realo’s market-leading Automated Valuation Model. Each report includes local market trends, plus a valuation range and nearby recent sales. Order online and your report will be ready immediately for download.
Get the Estimate ReportFor more information or to contact the seller:
View this property on ImmoVlan