PROPERTY FEATURES
Asking price
€ 165.000
Rental P.A.
€ 8.840
Size
50 m2
Yield
5.3 %
FOR SALE

Julio A. Abraham Boulevard 82 E-8Kralendijk, Bonaire

Property Description
A ground floor apartment of 50 m² located in the garden of apartment complex Caribbean Court, centrally located next to the main entrance of Plaza Resort Van der Valk. 

This apartment is located in the garden of Caribbean Court, just behind the communal pool. At the front is a compact covered porch, to the left is an access door to the parking lot. Once you enter the cozy living room with high ceiling (T1-11), you will immediately see the open kitchen with granite countertops. Through a hallway on the side you reach the complete bathroom with anthracite and white tiles. At the back of the house is the bedroom with ceiling fan and air conditioning. This property has floor tiles throughout. 

The apartment complex consists of four buildings, each containing several apartments. However, these nine ground floor apartments are located behind the communal pool, which you can overlook from your terrace. There is a diving school on the complex. From here, the center of Kralendijk is within walking distance, but supermarkets and several restaurants are also easily accessible on foot. 

INVESTMENT INFORMATION 
Asking price = $ 175,000
The apartment is currently rented out unfurnished on mid-term lease = $ 10,200 per year

Costs: 
  • Owners association = $ 1,440 per year
  • Property management = $ 1,200 per year, excluding ABB
  • Total = $ 2,640 per year
Forecast return: $ 7,560 per year 
Forecast net yield = 4.3% per year

TECHNICAL DETAILS
Living room + hall: 21 m2
Bedroom: 15 m2
Bathroom: 5 m2
Porch: 7.5 m2

The 9 apartments are built on a plot of 1,219 m2 (13,121 square feet) of leasehold land.
Each apartment has 1/10th share in the Caribbean Court Villas Owners Association.

# Surface apartment approximately 50 m² (522 sq.ft)
# 110 and 220 Volt
# Split unit air conditioning in the bedroom
# Ceiling fan in living room and bedroom
# Dogs/cats allowed

UNIQUE DETAILS
  • Within walking distance to downtown, supermarkets and restaurants
  • Diving school on the complex
  • Corner apartment
  • Privacy
  • Parking space next to the house
  • Good rental potential
  • Affordable contribution to the VVE: approx. $ 120/month
  • View on the communal pool
  • Long Lease Land, expiration date 24-07-2066

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