Formentera

€ 73.000
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Property Id : 40142
Price: € 73.000
Living area: 30 m2
Bedrooms: 1
Bathrooms: 1

Description

A rare Formentera opportunity to invest and gain rental yield with a bonus to use and enjoy: a beachfront, fully-managed junior suite in La Savina. This opportunity combines aspects of investing and vacationing for €73,000. Because it has a touristic license, the property can deliver a rental yield of around 3-4%, combined with actually enjoying the property for yourself at no cost! All aspects of property management, from cleaning, maintenance, to revenue management, are fully included.

About the apartment : 

Frontline beach studio equipped with all the comforts in a pleasant community of neighbors. It has an area of 30 m2 distributed in a single space of 23 m2, a separate bathroom of 4 m2 and a terrace of 3 m2.
The apartment ir right in front of the beach. It is 5 minute walking distance from the Port where the ferries dock. Located in front of the Estany des Peix, a lake that flows into the sea where you can enjoy a swim, the sunset and the mooring of small private boats. The town of La Savina is a place full of life during the day, which rests at night. In addition, its 10 min walking distance from the famous and award-winning Illetas beach, considered one of the most beautiful in the world.

About the investment : 

Reason 1 : The Future Of Second Home Ownership Is Fractional Ownership
Buy a fraction of your dream second home
Find your dream second home within our selection of properties in top locations

Reason 2 : Share the cost with 7 with co-owner
Only pay for 1/8 of the property price and 1/8 of the operating expenses

Reason 3 : Enjoy or rent your home 44 days a year
Come to your holiday or simply let us know if you want to rent it, we’ll do the rest!

Reason 4 : Forget about property management
Something broke or want to rent out you property? We take care of all the boring and manual work!

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    Jeroen Roodenburg