The portal Idealista has for sale a studio in Sant Antoni for 124,000 euros. This is well below market price. It is a local interior basement with certificate of habitability. In additionhas tenants. It is not an advertisement to buy a house but to do business, something totally legal, but that due to the housing emergency situation that Ibiza is going through, it calls the attention. The ad is written in English, so it is addressed directly to a foreign investor. “It has tenants for 800 euros per month, but the contract can be easily extended,” says the advertiser.
The sale is carried out by a private individual who highlights the goodness of the town of Sant Antoni, despite the fact that the images of the studio are far from the dream of living on the island800 euros per month for 32 square meters of living space in the basement of a building. The advantage, however, is that being in the twilight makes it “a quiet area in a mostly noisy place”. He also points out that the studio has only two quiet neighbors in front of it and a neighbor next door whose apartment is occupied only during the high season.
The advertiser explains that the property “has received a lot of applicants who wish to rent it all year round, so you will have no problem renting it out of season as well. We can provide you with the telephone number of responsible workerssuch as barbers who work all year round and people who work in places like Mercadona and other supermarkets in the city. Ideal for generating passive income all year round.”
It also offers the possibility to buy it and generate earnings without even setting foot on the island. “We know the doorman personallya kind and responsible man, and we will give you his phone number. If any need arises, he will take care of everything so you don’t have to live in Ibiza all year round to make it work.” Although he also states that “it is an ideal place for family and friends visiting the island to stay overnight”.
“A once in a lifetime opportunity”
“It’s close to everything… just a few steps from the world famous promenade of Sant Antoni, where you will find bars, restaurants and clubs like Ibiza Rocks, Es Paradis, O Beach and much more. Walking distance to everything: beach, barber shop, supermarket, restaurants, pharmacies, the West End. It really is a once in a lifetime opportunity,” the ad continues.
The advertiser assures that wants to sell fast, hence such a low price: “Priced for a quick sale. Don’t contact us unless you have the cash or a mortgage ready to buy.”
The studio has a communal pool and boasts “the highest view in all of Sant Antoni”, that’s right, from the rooftop.
For the full article, please visit Diario de Ibiza website here.