Soul 705 Investment Opportunity

Soul 705 Investment Opportunity
Carrera 35, La Florida, Comuna 14 - El Poblado, Zona Urbana Medellín, Medellín, Valle de Aburrá, Antioquia, 0500, Colombia
For Sale $430,000,000.00 - Apartment, Furnished Rentals, Sale
705 55 Sq Mt 1 Bedroom 1.5 Bathrooms

Great investment opportunity! Short term rental Airbnb friendly furnished apartment for sale❗️❗️❗️

With the recent addition of the premium pool in the Soul Building, net returns are outstanding but purchase prices remaining very affordable and frankly under-priced….for now.

Units that have been recently updated are now receiving 35% more net income versus the standard rental pool. Guests are raving about the changes and as such rental income has increased by a significant amount over the past 4 months. The future of Soul is only looking better and better from an investment standpoint. The previous owner has already invested in the upgrades for this unit so the new owner does not have to, hence it is already in the premium rental pool.

The Soul building boasts modern and highly sought-after amenities such as:

-Heated Olympic pool, outdoor jacuzzi and large open-style gymnasium.

-Spectacular views from the roof as well as large events room and bbq area.

-All units are A/C-equipped, have balconies and come fully furnished.

Soul also represents one of the last opportunities to own a daily-rental (Airbnb-friendly) property with individual titles. Easily one of the best managed buildings in the city, please peruse the more than 1500 exquisite reviews posted on Airbnb for real-time and past proof of this. This takes all of the anxiety and apprehension of new buyers knowing that their investment is in good hands.

55 sq mt, 1 bedroom, 1.5 baths.
Admin fee $328.000
Taxes $835.000 quarterly

Firm price $430.000.000

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