Company with 6 rental apartments in Ostend

Asking price €1,481,302.00

Financial data

Turnover / Revenue €85,967.41

This company owns six apartments in a recently constructed apartment building (2012). These consist of five two-bedroom apartments and one duplex apartment, located in a central area with a view of Leopold Park.

 

The building has good energy performance (EPC labels A and B) and is low-maintenance. Thanks to its location, the beach, shops, and public transportation are all within walking distance.

 

Interested in the shares of this real estate investment company? Contact us for the complete dossier.

Location
Oostende, West-Vlaanderen
Legal form
Company
Customer type
B2B (Business to Business), B2C (Business to Consumer)
Real estate included
Yes
Translated from
Dutch
Disclaimer
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This real estate investment company comprises two apartment buildings that are currently leased, situated in a prime location in the province of Antwerp.  - 29 apartments, spread across two residential buildings. The apartments were finished with high-quality materials and feature pleasant terraces overlooking the Nete River. - 2 exclusive penthouses measuring 312 m² and 239 m² respectively, luxuriously finished with interiors by Obumex and hardwood floors. Both penthouses are surrounded by spacious terraces and private rooftop gardens. - A commercial space on the ground floor, fully furnished and functional, with a spacious storefront facing the street. Thanks to the use of innovative techniques in insulation, heating, and ventilation, the apartments achieve excellent EPC scores and meet the standards for nearly zero-energy housing (BEN), resulting in an exemption from property tax for a period of 5 years.  Furthermore, the project features 46 underground parking spaces, spread across two levels and equipped with a double car lift. In addition, 20 charging points for electric vehicles are provided. The company’s shares are being offered based on an asking price for the real estate of €14,900,000 (excluding the penthouse’s asking price of €1,650,000). The corresponding asking price for the shares is €4,842,000. In addition, the subordinated loan in the amount of €6,808,149.96 must be repaid.

Price €4,842,000.00
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