New
Beach view framed by pine branches. Calm, light blue water with small islands under a cloudy sky. Sandy beach in the foreground.
$1,500,000
  • ~522.02 m² Total surface

Description

Luxury beachfront apartment complex in a sought-after area of Five Cays. The main building consists of 6 x one-bedroom units each renting for $1,675 per month. There is also a 2 bedroom 1 bath renting for $1500 per month. Total rental income of $11,550. From the glass railings to the spanish clay roof tiles, from the granite countertops to the stainless-steel appliances, the property simply exudes luxury. Although the owner decided on long term rentals, there is a huge demand for beachfront short-term Airbnb style units. These units can easily be converted to short-term rentals or a boutique hotel. The potential is endless! There are approved plans for a 2-bedroom 2-bath beachfront house. This is your last opportunity to purchase a beachfront property at this price in Providenciales.
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Engel & Völkers

Property ID: AM-5503298

Property details
  • Property type

    House

  • Number of Floors

    2

  • Total surface

    ~522.02 m²

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