$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.