This interesting and unique investment is centrally and safely located in the popular neighborhood: Toni Kunchi Curacao. The high occupancy rate and strong rental income make this property an attractive investment with an excellent initial yield.
This residential complex, named “Girasol”, consists of a total of 46 residential units, including one- and two-bedroom apartments, studios, and office spaces. The entire plot is fenced and equipped with an electric gate and on-site parking within the secured premises.
Shared facilities include a swimming pool with pool deck, laundry room with washing and drying machines, a cozy bar/terrace, and a management office, making this complex ideal housing for young professionals and students renting for periods ranging from 3 months to several years.
The management of this complex is well organized, ensuring that the property, inventory, and tenant quality meet a high standard. As a result, the complex is popular as a residential location and has generated a stable and annually growing rental income stream over the years.
Based on the current rental income and investment value, a gross initial yield (BAR) of over 10% is achievable. Please ask the listing agent for the sales brochure for additional information regarding the breakdown of income and expenses related to the Girasol residential complex or any other requested information.
General information of the complex:
- 38 two-bedroom apartments with private kitchen and bathroom;
- 4 one-bedroom apartments with private kitchen and bathroom;
- 4 studios with private kitchen and bathroom;
- 2 office spaces with shared pantry and toilet;
- Laundry and drying room equipped with (paid) washing machines and dryer;
- Storage space;
- Ample parking spaces within the private and secured premises;
- Swimming pool with shared facilities such as restrooms and a pool bar;
- Landscaped garden equipped with a drip irrigation system and deep well (groundwater pump);
- Excellent state of maintenance and quality of inventory.
- Included in the sale are: the current rental agreements and the goodwill associated with the name “Girasol Resort”, including the existing website and URL.
If you would also like to benefit from the favorable and fiscally attractive investment climate of Curaçao, then “Girasol” is an excellent investment for the following reasons:
- Real estate and rental values in central and secure locations in Curaçao are expected to increase in the coming years due to growing demand for workforce housing in central and tourist areas;
- Stable flow of rental income and rental payments;
- Stable political and economic climate in Curaçao as a country within the Kingdom of the Netherlands;
- Fiscally attractive conditions and a low tax burden;
- Expected growth of Curaçao as an international destination;
- Professional property managers and service providers are available on the island for foreign investors;
- A rare and unique investment property of which there are not many.
Please contact the listing agent for additional information or to schedule an on-site appointment to gain a full impression of this unique and rare real estate investment via: derek@realestate-curacao.com or by phone +599 9 670 33 81.
Toni Kunchi Curacao
Toni Kunchi Curacao is one of the most desirable and popular residential areas of Curacao. Located at the North/East part of Willemstad and right next to the Santa Rosaweg. On the Santa Rosaweg you can find many restaurants, convenience stores and other shops. Closest supermarket is a 5 minute drive away (Centrum Supermarket in Mahaai). Beaches like Jan Thiel Beach and Sea Aquarium beach can be reached by car in approx. 20 minutes.
The name is also spelled at Toni Kunshi Curacao.
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