
Tepak Building
€2,600,000
On the doorstep of the main University Building and shopping area.
HUGE potential for growth.
Building Consist of 4 shops, 5 x 2 Bedroom and 1 x 3 Bedroom apartments.
Plans in place for construction of additional apartments due to high demand in area - 850 sq m ( 12 x studio flats & 6 one bedroom Apartments)
FUTURE RENTAL INCOME
12 STUDIOS
12 studios * 400 euro per studio per month = 4800 euro per month
4800 euro * 12 months = 57600 euro per month
6 OF ONE BEDROOM APARTMENTS
6 * 500 euro per apartment per month = 3000 euro
3000 euro * 12 months = 36000 euro
TOTAL: 57600 euro + 36000 euro = 93,600 euro per year
PLUS THE EXISTING RENTAL WHICH IS ( € 86,040 per year )



