Investment Opportunity: Small Building for Tourist Rentals

Details and Location

Great Investment Opportunity: Small Building for Tourist Rentals

This is a rare opportunity for investors seeking a turnkey property with excellent income potential. This well-maintained building, spread across 4 floors, consists of 8 modern and spacious apartments, offering a combination of office and tourist rental spaces, making it a versatile investment for various types of tenants.

Property Overview:

• Total of 8 apartments spread across 4 floors, each one bright, airy, and well-furnished.
• The two ground-floor apartments are currently rented as office spaces, providing a stable, fixed annual rental income.
• The upper floors are rented out as tourist accommodation for short- and medium-term stays, ideal for vacationers and digital nomads. These apartments are perfect for those seeking a comfortable and convenient place to stay while exploring the area.

Location:

This property is perfectly located in the heart of Santa Maria, just 600 meters from the beach and the iconic main pier, making it an attractive choice for vacationers who want to enjoy the local attractions, sun, and sea. The property is also only a 5-minute walk (450 meters) to the lively center of Santa Maria, where you’ll find shops, restaurants, and cafes.

Nearby Attractions:

• Santa Maria Beach: Only a short walk away, the stunning beach offers crystal-clear waters and golden sands, perfect for relaxing or engaging in water sports.
• Main Pier: A picturesque spot for tourists to enjoy sea views, boat tours, and fishing excursions.
• Santa Maria City Center: Vibrant and full of life, with a range of shops, restaurants, and local attractions, all within a 5-minute walk.

Transportation & Connectivity:

Santa Maria is becoming increasingly well-connected with Europe and beyond, with new flight connections to the island via EasyJet and other airlines, making it a popular destination for tourists from across the continent. This location benefits from excellent connectivity, including direct flights to major European cities, making it easy for visitors to travel in and out of the area year-round.

The Ideal Investment:

This building offers a unique combination of long-term rental income and short-term tourism rentals, providing excellent cash flow potential. Whether you’re looking to operate it as a guesthouse, vacation rental property, or a digital nomad haven, the flexible rental options make this property a great fit for a variety of investors.

With its modern, spacious apartments, prime location, and strong rental demand, this property presents an incredible investment opportunity for anyone looking to own a profitable tourist property in Santa Maria.

Key Features:

• 8 apartments over 4 floors: 2 offices on the ground floor, 6 vacation apartments on the upper floors.
• Bright, spacious, and modern interiors with high-quality finishes.
• Prime location: Just 600 meters from the beach and pier, and 450 meters from the city center.
• Stable annual income from office tenants.
• High potential for vacation and short-term rentals, perfect for tourists and digital nomads.
• Great connectivity: EasyJet and other airlines now offer new routes to Santa Maria, enhancing the area’s appeal to international visitors.

This property represents a fantastic opportunity to capitalize on Santa Maria’s growing tourism market while enjoying a steady rental income.

Whether you’re looking for a passive income investment or a hands-on guesthouse operation, this property offers everything you need for success.

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