Av. Alemania, Bavaro, Condominium Villa Bavaro

  • $2,530,000
Villas Bavaro (Bavaro, La Altagracia, DO - 23000)
For Sale

Av. Alemania, Bavaro, Condominium Villa Bavaro

Villas Bavaro (Bavaro, La Altagracia, DO - 23000)
  • $2,530,000

Overview

Property ID: HZP2#573883143
  • Residential
  • Property Type

Description

Excellent Income-Generating Property.

Type: Residential

Style: Single Story

Development Level: Built

Description

20 Apartments Offered at US$ 2,530,000

Introducing this portfolio of income-generating rental apartments – a strategic investment opportunity. Situated just steps away from the beach, Residencial Vista Bavaro offers a prime location that enhances its revenue-generating potential.
On the other hand, being located on Av. Alemania provides excellent accessibility to major transportation routes and a wide variety of services, such as restaurants, shops, and entertainment centers.

INVESTMENT HIGHLIGHTS:
– Projected Annual Return on Investment: 8.5%
– Highly Profitable Business.
– Direct Access to Beach Club and Resort.
– Profitability from Day 1.

THIS PORTFOLIO OFFERS:
– 3 Buildings with modern design.
– Nearby commercial and entertainment area.
– Secure condominium.
– Walking areas.
– 24-hour security.

Building #3: Priced at US$ 975,000. This building features 10 units, including 4 one-bedroom units rented at $550 each, 4 two-bedroom units rented at $850 each, and 2 studios rented at $300 each, generating a total annual rental income of $74,400.

Building #5: Available for US$ 580,000. The four units in this building hold a promising rental potential, each leased at $800 per month, resulting in an annual rental income of $61,200.

Building #14: Listed at $975,000. This building showcases six available units, each rented at $850 per month, significantly contributing to the monthly rental income. It generates an annual rental income of $38,400.

Solid Annual Income: Calculate the total annual income by summing up the monthly rental amounts across the entire portfolio, resulting in a projected annual income.

Properties generate a robust annual income of $174,000 from long-term leases. Contracts are set for 6 months and 1 year.

Low Maintenance Costs: Ensuring higher profitability and reduced expenses, the properties boast low maintenance costs.

  • Address Villas Bavaro (Bavaro, La Altagracia, DO - 23000)
  • City Punta Cana
  • Country Dominican Republic

Details

Updated on February 22, 2024 at 7:55 pm
  • Property ID: HZP2#573883143
  • Price: $2,530,000
  • Property Type: Residential
  • Property Status: For Sale

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