Apartment block - Cerciler, Kas

£159,000 (€192,358) BARGAIN

Property Ref: KAS-CER2

Buy 1 get 3 free! all with sea views...

Butterfly Place

The property is structurally sound and water tight. It needs updating, but at this price one would expect to spend a few bob. Each of the floors have excellent sea views. The property is less than 5 minutes from the centre of Kas with all its amenities - an investors dream.

Briefly

• Three 3 bedroom apartments
• One 1 bedroom penthouse
• All have sea views
• All have fitted kitchens and bathrooms
• All  3 bedroom apartments have 2 balconies
• Penthouse has extensive terrace
• Separate water and electric meters for each dwelling
  

Details

Renovation work - we estimate that an expenditure between £20,000 - £30,000 will modernise the property to a good standard. A private pool can be built from £12,000.

The property is in a generally good condition. Kitchens and bathrooms require updating

Locally (in Cerciler) 3 Bedroom apartments have a market value of between £60k and  £90k. 

Rental prospects are good as Kas is an upmarket resort town that attracts cultural and adventure tourists. in the 2008 high season almost 100% of holiday rental stock was occupied.

Property Enquiry form

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Note: The exact prices are quoted in Pounds (£). The Euro price is for guidance only based on : € 1.2098 = £1.00.

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