FULL MARINA VIEW - CAN BE VACANT SOON
RENTED @ 53,000aed from May/2019-May/2020.
9. 55% Gross return = 7.80% NET RETURN.
Full Marina View:
This is one of the best for investment in Manchester Tower: mid to high floor with a direct full marina view, smaller floor plan, which reduces service fees and maximizes Net rental yields.
The property is priced strategically to sell fast, to an investor who is looking to achieve a higher rental return wither it be on a long term tenancy contract or as a short term holiday home.
The property is sold un-furnished, with built in wardrobes and 1 large bathroom. The corner kitchen can be left open, or easily renovated to a closed kitchen. The motivated cash seller is looking to liquidate the property urgently.
Typically this property is targeted by investors that are looking for a smaller cheaper investment with high rental yields. This unit is no different. The location, views and pricing will ensure the owner of an exceptional rental return whether on a short or long term Tenancy Contract.
Property Information
- TypeApartment
- PurposeFor Sale
- Reference no.Bayut - BHM-S-97895
- CompletionReady
- Average Rent
- Added on16 January 2020
Features / Amenities
Balcony or Terrace
Parking Spaces
Swimming Pool
Centrally Air-Conditioned
+ 13 more amenities
Trends
Mortgage
Location & Nearby
Location
Schools
Restaurants
Hospitals
Parks
This property is no longer available
Nicholas Winter
No reviews
Write a reviewBetterhomesView all properties