Oh My – Price Reduced to 360,000€
Tarifa Old Town 3 bed 2 bath
A 2 bed 1 bath first and second floor apartment plus 1 bed 1 bath ground floor apartment with storage area for sale for
380,000€ 360,000€. These 2 terraced properties are next door to each other and can be connected by relocating the staircase to lead from the ground floor property to upstairs. There is also a roof top terrace of approximately 45m2 that can be converted into a wonderful garden and chill area.
Change of Use Possible
The ground floor property shares a wide communal interior patio with two other apartments where you can place a table to eat al fresco. You may prefer to keep both properties separate but the owners have asked that both be sold in the same lot. A further possibility is to change the use from residential to business for the ground floor property and cater to the vast array of tourists who visit the area all year round.
Light Reforms Recommended
The property will benefit from a few changes. Perhaps the large kitchen on the second floor could be converted into a further bedroom and a galley kitchen added to the first floor sitting room area. There is real potential to add extra value by redesigning one or two rooms and unifying the ground and upper apartments. This could double the equity.
Wonderful Location near Beach and Restaurants
These two properties are in the heart of Tarifa Old Town, close to the theatre, restaurants, tapas bars and the beach. The ferry terminal is also within walking distance. These homes are a great investment, either blended into one property or kept independent of each other, with 2 title deeds and 2 front doors. In addition, as an investment opportunity the ideal location makes the short-term-lets’ market a further possibility.