About this property
A readytoexecute investment project is offered for sale in the prestigious area of Cala de Poniente (Benidorm), just 150 m from the emblematic Hotel Bali and a 5minute walk from the beach.~Building undergoing conversion, located on the ground floor of a residential complex, with independent entrance and the possibility of installing a private elevator.~150 m from Hotel Bali~ • 5minute walk to the beach and promenade~ • Possibility of connecting to the complex's pool~ Format and distribution~ • Aparthotel with 8 studios (17–22 m² each)~ • 6 apartments with kitchen and balcony~ • Fully furnished, with air conditioning~ • Panoramic terrace of 130 m² + balconies of 30 m²~ • Spacious hall and option to install an elevator~~Licenses and deadlines~ • Municipal license for change to residential use already granted~ • Project in preparation for tourist license application~ • Estimated construction: 6–8 months~ • Expected tourist license: 3–6 months after completion~~Estimated profitability~ • Annual income: ~€192,600~ • Annual net profit (before taxes): ~€130,400~ • Appreciation potential: +30% after project completion~~Contact us and we will arrange a personalized visit for you.