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DIFFERENT COST TO INVESTMENT IN THE HEAD OF NDIA - ACTIVITY OF THE RENT OF 3 APARTMENTS WITH DEVELOPMENT POTENTIAL
147,49 m ² 124m; 3 separate apartments yö124; possibility of extending up to 5 apartments EUR per year
The exclusive cottage is sold in Nida, Kopų g. 13 - one of those rare places where the convenience of Nida center meets with the quiet forest.
This is not just another RE object in Nida. This is already an existing short-term lease business with real income data, an incentive for Booking.com and other platforms and a clear potential to increase annual income by adding two more separate spaces.
Currently there are 3 separate apartments with 9 bedrooms. The object is rented for short-term rent for several years and generates an annual income of ~ 50 000 Eur.
Additional potential - possibility to install 2 more apartments:
• in the attic, which currently has partial finishing, one more apartment with bedroom and separate shower / WC;
• In a basement with 3 unequipped rooms, one more type of apartment with a bedroom, a living room - a kitchen and a separate shower / toilet.
After this development, the total number of apartments could increase to 5 and the annual rent could increase to ~ 70 000 EUR per year.
LOCATION NOT AVAILABLE
The object is located in one of the most unique places of Nida - Kopai street, just 5 minutes on foot to the center of Nida, but at the same time in complete peace, surrounded by forest.
The cottage is the last building in the blind, so there is no passing traffic. There are only a few neighboring cottages and... a forest.
This is one of the rare places of Nida where you can be in the center, but feel like you live in a remote, private recreation area.
SUBJECT MATTER
• Total area - 147,49 m ²;
• 3 separate apartments;
• 9 sleeping places;
• partly equipped with an attic;
• unequipped basement with 3 extra rooms;
• fully equipped, sold with furniture, kitchen and household appliances;
• due documentation;
• can be purchased with a bank loan.
Cottage built in 1978, renovated in 2022 The condition is very good, so the new owner does not need to start with major repairs or complex object "recovery." The existing infrastructure allows the continuation of activities and generate revenue.
POILSIUM SPACE SOURCE
At the cottage there is a large forest recreation area with barbeque, table and benches - a place that is especially appreciated in summer evenings when you want to be in nature, but do not leave Nida.
It is a great advantage for both personal use and short-term rental guests, because of the sense of privacy and nature Nida's center cannot be found.
INVESTMENT POTENTIAL
This object is attractive because the buyer acquires not only real estate but also an existing revenue generation model.
The current annual rent is about EUR 50 000. This represents ~ 6,7% of gross annual return on sales price.
After installation of the attic and the basement and increasing the number of apartments to 5, the annual income could reach ~ 70 000 Eur. In this case, gross yield could increase to ~ 9.3%, while the return on the investment on the basis of the annual rental income could be reduced to 10-11 years.
We can provide real rental data, booking.com performance information and income analysis to big buyers.
What is this OBJECT NETTING?
This object would be particularly suitable for:
• an investor seeking a functioning real estate business in Nida;
• a person who wants to have his place in the Curonian Spit and some time to rent it;
• the purchaser, for whom the most important is the rare location, privacy and long-term value of the property;
• for those who are looking for an object with a clear income logic instead of a standard holiday home;
• to a buyer who assesses the uniqueness of Nida and the limited supply of such type of objects.
WHAT IS THIS OBJECT DIFFERENT?
There are various apartments, apartments or houses in Nida. However, there are 3 apartments in a quiet forest, just a few minutes on foot from the center, with the possibility to expand to 5 apartments - this is a very rare combination.
It's not just a place to buy. The purchase of peace, privacy, a working income model and the possibility of creating even greater value in the future.
If you are looking for an exclusive investment project with real income and development potential - please contact us.
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