This Luxury apartment complex with amazing views of clear turquoise waters is a steal of a deal. You won't want to miss this investment opportunity. It is located in a sought-after, peaceful area of Five Cays. The main building consists of 6 x one-bedroom units each renting for $1,675 per month. There is also a 2 bedroom 1 bath concrete house which will soon be an additional income once renovated at $1500pm. However, the current monthly rental income is $10,050 without the 2 bedroom house. This property is walled, with cameras all around the property for added security. From the glass railings, to the spanish clay roof tiles, from the granite countertops to the stainless-steel appliances, with marble tiles in bathroom, this property simply exudes luxury and comfort at it's best. Although the owner decided on long-term rentals, there is a huge demand for beachfront short-term AirBnB style units. These units can easily be converted to short-term rentals or a boutique hotel. The potential is endless! There are also approved plans for a 2-bedroom 2-bath beachfront house. This is your last opportunity to purchase a beachfront property at this price in Providenciales.
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