Real estate company with two income properties in unique locations in Ghent and Knokke

Real estate company with properties in Knokke and Ghent.

This real estate company comprises:

- an investment property located at Lippenslaan 56 in Knokke. This location, close to the center and still within walking distance of the beach, is suitable for both annual rentals and vacation rentals. The building dates from 2009 and comprises a leased commercial property, four bright apartments, and a duplex.

- Investment property, located at Hoogpoort 8-12 a in Ghent. This historic building, part of which dates from the 17th century, consists of nine residential units, a commercial property, a rear building in need of thorough restoration, and an underground medieval cellar.

This property, which requires renovation by experts, is located on one of the busiest streets in Ghent city center, combining historical charm with commercial visibility.

The current annual rent is €70,680 and €86,665 respectively, together accounting for a total annual rent of €157,345.

The total asking price for the property has been set at €4,217,000 (including the part of the property in Ghent that is held privately). The asking price for the acquisition of the shares is €3,818,000 (based on the balance sheet as of December 31, 2024).

The share valuation can be provided after receipt of a signed NDA.

This concerns a sale of shares. Prospective buyers are offered the genuine opportunity to purchase the property in Ghent as an asset deal.