✨ PROPERTY INSIGHT
"City Inn is a fully operational, high-occupancy mixed-use investment property in Bonaire offering immediate cash flow today and strong redevelopment potential for the future."
Description
A solid income property in a strong rental market
This 10-unit apartment complex presents a compelling opportunity to acquire a fully operational rental property with structurally strong occupancy levels over the past several years. The consistent performance reflects reliable tenant demand and provides immediate, ongoing cash flow from day one. For investors, this means stepping into a stabilized asset with a proven track record rather than a speculative repositioning.
Bonaire-proof investment with upside
Although the building is fully functional, and rented with very high occupancy, it offers clear potential for modernization and repositioning. Plans to completely rebuild this property and turn it into a different layout are also an option in the making. This creates a classic value-add scenario: maintain the existing rental income while gradually enhancing the units and overall presentation, or repositioning the property as a complete new building. With strategic upgrades, rental levels can be optimized and long-term asset value strengthened.
The current configuration of ten units under one roof ensures operational efficiency, spread risk across multiple tenants, and allows for phased improvements without interrupting the entire income stream.
Mixed-Use zoning – Flexibility for the future
The Mixed I zoning allows for residential rentals as well as short-stay accommodations and certain hospitality-related uses. This flexibility enhances the overall investment profile by supporting multiple rental strategies and exit options, depending on market conditions and investor preference.
Get in Touch
For more detailed information regarding renovation ideas, redevelopment concepts, possibilities, and planning status, please contact us directly!
Details & Features
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Price $995,000/buyers cost
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Living Size 230 m²
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Land Area 445 m²
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Bedrooms 10
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Bathrooms 10
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Year Built 1990
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Property Type Commercial
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Property Status For Sale
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Ownership Type Long lease
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Furnishings By areement
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Land registry number 4-D-378
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Acceptance By agreement
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Construction Concrete
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Architectural Style Traditional
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Roof Style Eternit
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Window Type Aluminium
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Zoning Type Mixed I
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Property Highlight City Inn is a fully operational, high-occupancy mixed-use investment property in Bonaire offering immediate cash flow today and strong redevelopment potential for the future.
Outdoor Space & Neighborhood
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Walking distance Caribbean Sea
Technical Installations
Address
Open on Google Maps-
Address: 84 Kaya Grandi, Kralendijk, Caribbean Netherlands
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Area: Kralendijk - Playa