House in Otrobanda, Curacao[CW]

000871099122 - Investment property with 12 renovated apartments in Otrobanda - A unique investment opportunity in the heart of Otrobanda, located approximately 200 meters from the Curaçao Medical Center (CMC). This fully renovated and furnished property comprises 12 individually rentable apartments. All apartments are currently occupied and generating immediate rental income.Short-term rental delivers a gross annual return of over 12%. In addition, no 4% transfer tax is payable upon acquisition, resulting in a significant financial advantage.Investment Highlights• 12 individually rentable apartments• All apartments currently occupied• Immediate rental income from the moment of acquisition• Fully renovated and furnished• New kitchens, new furniture and washing machines• Air conditioning in every apartment• Turn-key and ready for continued operation• Approximately 200 meters from the Curaçao Medical Center (CMC)• Suitable for long-term rental, short-term rental or a combination of both• Over 12% gross annual return with short-term rental• Rental income diversified across 12 individual units, helping to reduce vacancy risk• No 4% transfer tax payable upon acquisitionTurn-Key Investment with Immediate IncomeThis centrally located property offers investors the opportunity to acquire a fully operational rental portfolio in a single transaction. Thanks to the complete renovation and furnishing, no major initial renovation or furnishing investment is required to continue or further develop the rental operation.All 12 apartments have been fully renovated and furnished. Each unit features a new kitchen, new furniture, a washing machine and air conditioning. With all apartments currently occupied, the new owner can benefit from existing rental income immediately upon acquisition.Strategic Location Next to the CMCThe location is one of the property's strongest investment advantages. Situated approximately 200 meters from the Curaçao Medical Center, the property benefits from attractive and consistent demand for housing from medical professionals, hospital employees, students and other professionals working in the surrounding area.The property is also located in vibrant Otrobanda, with Willemstad's historic city center, restaurants, shops, cafés and other amenities all within easy reach.Flexible Rental StrategiesThe 12 individual apartments offer several opportunities to operate the property and tailor the rental strategy to the investor's objectives.• Long-term rental can provide stable and predictable rental income, supported by consistent demand for housing in the immediate area.• Short-term rental offers the opportunity to further optimize income and delivers a gross annual return of over 12%.• A combination of long-term and short-term rental can provide a balance between stable income and higher return potential.Diversified Income and Reduced Vacancy RiskBecause rental income is spread across 12 separate apartments, the investment is less dependent on a single tenant or unit. If one apartment becomes temporarily vacant, the remaining apartments continue to generate income. This helps diversify vacancy risk and creates a relatively stable income base.Financial Advantage Upon AcquisitionAn important additional advantage is that no 4% transfer tax is payable upon acquisition of this property. This significantly reduces the total acquisition costs and further strengthens the overall investment potential.An Investment Ready to PerformWith 12 renovated and furnished apartments, immediate rental income, a strategic location next to the CMC, flexible rental possibilities and the benefit of no 4% transfer tax upon acquisition, this property offers a compelling turn-key investment opportunity in Otrobanda.A fully operational rental property, ready for its next owner.