Five apartments (whole building) and €1,500 a month income in central Oliva

Prepare to seize a truly unique opportunity with this expansive home comprising of four individual apartments and one AirBnB twin room. This remarkable property presents the chance to own a spacious and comfortable residence while also generating a substantial monthly income. Ideally located in the charming old town of Oliva, this opportunity is not to be missed.

Situated in the heart of Oliva’s old town, overlooking a charming local square, this impressive home offers easy access to shops, restaurants, bars, and local transport. Boasting four individual apartments and an additional AirBnB twin room, this property presents an exceptional opportunity to acquire a comfortable residence while enjoying a lucrative monthly income.

Upon entering through the grand traditional wooden doors, you are greeted by a generously-sized hallway and a library. The main apartment, currently used by the owners, boasts a closed garage accessible from the rear of the property. Tenants of the remaining units can take advantage of ample nearby parking facilities.

Ascending the stairs from the entrance hallway, you’ll find three self-contained apartments on the first and second floors. Two of the apartments feature a living room, kitchen, bathroom, and a double bedroom and the third apartment is a studio. Additionally, there is a twin ensuite bedroom designated for short-term rentals.

Completing the living quarters is a communal kitchen on the second floor, leading to a spacious roof terrace with a dining table and ample seating for relaxation.

This well-maintained home offers each apartment equipped with air conditioning, ceiling fans, and ample cupboard space. To ensure privacy and convenience, a remote door system allows tenants to come and go as they please while maintaining a quiet atmosphere. Tenants are responsible for cleaning their respective apartments, whereas the landlord takes care of the common areas and bedding, entrusted to a professional laundry company.

This property is well-known and has been successfully operated as both a guest house and set of apartments for more than 20 years, however the owners are now looking to retire But they won´t be leaving the area and have offered to help new owners to learn the ropes.

Opportunities to live in such a coveted area of Oliva are rare, and this particular property comes with the added benefit of an excellent income with minimal effort. Viewing this exceptional property is highly recommended for those seeking a profitable and comfortable investment opportunity..

Oliva

Tucked away along the stunning Costa Blanca coastline in Spain, Oliva is a picturesque town that captivates visitors with its rich history and natural beauty. Boasting pristine beaches, a charming old town, and a vibrant local culture, Oliva is a delightful destination for sun-seekers and those looking to immerse themselves in Spanish charm.

5 Real Estate are Spains fastest growing full service, fixed-fee international estate agency, with numerous offices in the north and south Costa Blanca, as well as the Murcia region.

We are committed to providing a transparent and first-class service to all our clients, whether buyers or sellers. From the moment you first contact us you will realise the difference we provide and promote as standard. You can be confident you are dealing with efficient, reliable professionals with many years of experience in Spanish real estate.

At 5 Real Estate we only sell properties that are directly listed with ourselves which means we personally know each of the vendors, their homes, and the areas in which they are located. Given our extensive portfolio of directly listed properties we feel confident we can find the right property to match your requirements.

So, make an inquiry today and find out why we are so different and why we are becoming the agent of choice for both buyers and vendors alike.
– REF: P4148