Apartment for sale in Geel with 19 bedrooms

In the heart of Geel, the ultimate student city with an impressive 99% occupancy rate for student housing, we are pleased to present you with a unique investment opportunity. This brand-new student complex is in the final stage of completion and will be sold fully turnkey. With 40 solar panels, sustainable technologies and high-quality finishes, this is a carefree investment that generates immediate returns. On the ground and first floors, the rooms are equipped with private bathrooms, some even with a private terrace. On the second floor, several rooms also have a terrace and share modern shower facilities and a toilet, ideal for students who value a social living environment. Each room comes with an individual air-to-air heat pump providing both heating and cooling, ensuring year-round comfort. The spacious communal kitchen, technical room and storage area complete the building. The complex also offers seven parking spaces, a secured bicycle shed, a waste storage area and a green garden for outdoor relaxation. The estimated rental income amounts to €10,500 per month, resulting in a payback period of approximately 20 years, including acquisition costs. The land value is subject to registration duties, while the building value falls under VAT. The master deed is currently being drafted and, upon delivery, the final EPB declaration, all necessary certificates and a complete post-intervention file will be provided. More information and plans can be found at www.immoley.be or via info@immoley.be.