Villa for sale in rabieh

Name: Villa for sale in rabieh
SKU: 116446495

Rabieh, Metn

3 weeks ago

Highlights

Property TypeVilla

OwnershipBy Company

Bedrooms6

Bathrooms6

Size (m²)2,200

FurnishedUnfurnished

Details

Payment methodCash

ConditionReady to move in

FloorGround floor

Property Age10+ years

Reference IdMK2200RA

Seller TypeAgency

Amenities

BalconyCentral A/C & heatingCovered ParkingMaids RoomPrivate GardenPrivate PoolStorage roomTerraceSea view

See All

Description

A GREAT BUSINESS OPPORTUNITY !!! An existing villa in the most Prominent Streets of Rabieh ( Most Luxurious Area In Metn ) It Sits on a plot size of 1300 sqm with unlockable Mediterranean Seaview from Jbeil to Beirut. It consists of 5 levels over 2120 sqm built up area in 2007 that has never been used. Divided into 3 duplexes and 3 deeds each around 520+ sqm with Voids, fireplaces, 40 kva Generator Never been used. . . and a 700sqm underground parking with a 4.5 meters ceiling height , that fits over 10 cars Additional to the above, The Ground Floor is a common area that includes an indoor heated pool ( never been used ), Sauna, Gym and a 670 sqm of Garden that can be converted to a 4th apartment of 365 sqm and a 600sqm garden. to make a total Sellable area of 2120sqm All this for a Price That Was $5million now for $2.1 million ONLY ( barely the cost of the land) !! The Business opportunity : BEST WAY TO SELL IT AS 4 APARTMENTS With a FULL Remodeling of Maximum $700/ sqm X 2120sqm to pay a total of $1.5 Million Plus the Price of this property is $2.1 million. A total cost of $3.6 Million The Sold Value of a Sqm in Rabieh Fully remodeled varies from $2500 to $4000+ per Sqm - SAFE : @ $2500/sqm )))) Your ROI ( Return on Investment ) = 48% - AVERAGE : @ $2750/sqm )))) Your ROI ( Return on Investment ) = 62% - AGRESSIVE: @ $3000/sqm )))) Your ROI ( Return on Investment ) = 77%

Location

Lebanon