Kaya Perenales

Home plus rental possibility
This pleasant and compact home is perfectly suited for a buyer looking for a comfortable place to live with extra rental capacity.

This sale encompasses not one, but two semi detached homes with 2 bedrooms and 2 bathrooms. There is also ample living space, owing to the addition of a covered porch, as well as an open plan living area that includes a kitchen and lounge.

The fact that this sale includes not 1, but 2 separate dwellings means that it is a great living investment with the added bonus of a potential rental income, too.

Possibility to expand
There is also approved planning to expand the current buildings to a further 2 or 4 apartments. This could suit a buyer looking to create a property portfolio in the future, or someone looking to maximize their rental income potential.

The combined size of the two lots equals to approximately 993 square metres, meaning that there is also room for a pool, even with the proposed building expansion.

The complex is located within close proximity to the town centre, as well as the most modern supermarket on the island and other local amenities. There are also previously arranged cleaning and management services for the apartments, which are available if needed.

A rare opportunity to gain two properties from one sale; a comfortable home with a separate rental income and, ultimately, an investment with big possibilities.

9+% gross return on investment  (easily 6+% net R.O.I.)

Should you chose to rent both homes long term, it will be easy to receive a bold 9-plus-% R.O.I. !! Please inquire about the possibilities.

The 993 m2 is inclusive approx. 100 m2 of private – uncultivated – property belonging to this house! Situated behind the right wall.