About this property
For sale complete building on the island of La Graciosa. Magnificent business opportunity.
This wonderful property, built in 2005, has 4 fully equipped and independent apartments and is located less than 5 minutes from the port of La Graciosa (Caleta de Sebo).
The building consists of two floors. Three of the four apartments are placed on the lower floor. These three apartments consist of a living room-kitchen, a large room and a bathroom. In addition, two of them have an interior patio. All of them have an approximate size of 50 square meters.
The apartments are in perfect condition and are fully equipped. Each one has its own independent entrance. Last year 2022 all the furniture was renewed. Provable with invoices.
On the top floor of the building is the fourth apartment. It also has an independent entrance and consists of 130 square meters, being distributed as follows: Two bedrooms, two bathrooms (one with Jacuzzi), integrated living room-kitchen and a large terrace, which has a storage room and In the upper part of it there is a sollarium ideal for sunbathing.
Currently the three apartments on the lower floor are under a vacation rental regime, with all the licenses and permits in force.
In the past financial year 2022, a turnover of 40,000 euros was reached and in the first quarter of this 2023 the income is somewhat higher than that of the previous financial year. This, remember, exploiting only three of the four apartments. Therefore, the real turnover potential of the property is at least 25% higher and very probably even higher, because the apartment that is not in operation is the largest and with the best features.
As said, the apartments have all the licenses and permits in order and the exploitation list is delivered to the buyer to continue in perfect condition. The three apartments have an excellent position on the Booking platform, due in large part to the number of positive reviews from guests that the apartments have. This ensures that with a similar management of the exploitation of the apartments, the income is expected to be the same or even higher, since the property has only been in operation for two years. Likewise, the apartments have the qualification granted by Booking called "Genius", which is only granted to the best valued apartments on the platform.
The property is delivered to the buyer absolutely free of charges. On the island of La Graciosa, the possibility of continuing to build is extremely limited, so this property, as we said, constitutes an excellent business opportunity with enormous added value.
Notary expenses correspond to the buyer.
Sale from individual to individual, abstain real estate.
For any questions or queries about the property, do not hesitate to contact us through the means available.
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