Apartment building to renovate in Paguera

This investment property in Paguera has 12 studios and 1 duplex flat. The building is in good condition, however it is in need of renovation, also to achieve a higher rental income. It has been maintained over the years and a few improvements have been made as it was rented out all year round. The tenants of the flats were long-term tenants. The building has a garden, several terraces, common room and a roof terrace with barbecue. There is a possibility to convert it into an aparthotel or hostel. There is ample parking, shopping facilities and the property is not far from the beach and public transport. The building also offers a garage for 10 parking spaces. This apartment house is a very interesting yield object for investors. 291