€ 498,950
Orba Villa for sale
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Ref : AB317
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6 beds
4 baths
264 m2 built
800 m2 plot size
This property is quite possibly unique in the area, originally built in the 80s the property has been greatly extended and reformed. The property is now split into two completely independent Villas within the one building each with separate swimming pool, garden, kitchen and living areas. The property has stunning views over the orange groves and is walking distance to the village and only 10 minutes in the car to the beach, making it absolutely ideal for summer holiday rentals
With 6 bedrooms and the possibility to convert an existing office into a seventh the rental poetical with each individual villa is fantastic, with realistic prices of over 950 per week in the summer months giving a high season total of 22,800 over the 12 week period, that is a rental return of 7% from the summer months alone. With long term rentals in the apartments for the rest of the year this would achieve a further 3% across the year. Giving a rental potential of 10% across the calendar year. If you add into the equation the capital appreciation of the property, it makes for a fantastic investment buy any investors standards.
This property will surly be snapped up quickly, so early viewings are essential!
With 6 bedrooms and the possibility to convert an existing office into a seventh the rental poetical with each individual villa is fantastic, with realistic prices of over 950 per week in the summer months giving a high season total of 22,800 over the 12 week period, that is a rental return of 7% from the summer months alone. With long term rentals in the apartments for the rest of the year this would achieve a further 3% across the year. Giving a rental potential of 10% across the calendar year. If you add into the equation the capital appreciation of the property, it makes for a fantastic investment buy any investors standards.
This property will surly be snapped up quickly, so early viewings are essential!
