Description
A summer apartment used as commercial space for sale in the valued beach district of Pärnu, with a large terrace and a functioning rental system.
A good opportunity for a person looking for a small and easily managed investment in Pärnu that can be put to work immediately. The apartment is well suited for short-term accommodation and renting out for the summer season. Half of the summer is already booked, and these reservations can be included with the purchase if desired.
BUSINESS AREA
It is an apartment that can be used for commercial purposes to provide accommodation services. The location in the beach district of Pärnu, the compact layout, large terrace and ready-made furnishings create good conditions for short-term rent especially in the summer period, when the demand in Pärnu is the most active.
The new owner does not have to start from scratch. The apartment is furnished, ready for use, and there are already reservations for the summer season. If desired, the buyer receives these reservations with the purchase, which means the opportunity to start earning immediately after the transaction.
An important advantage is that everything necessary for self-service accommodation has already been developed. The owner does not have to clean the place himself or open doors for guests. There is a contract with the cleaner, and it can be included with the purchase if desired. The entrance to the house is via a smart lock with a code, which makes the arrival of guests easy and contactless.
This means that the owner does not have to live in Pärnu to earn income from the apartment. The rental process can be organized from a distance, which makes it a particularly practical investment for a person who lives in Tallinn, Tartu or elsewhere in Estonia.
The small footprint helps keep management costs low and makes cleaning, maintenance and guest changes easier. This is a practical solution for an investor who is not looking for a large and complex rental project, but a compact Pärnu summer season product.
APARTMENT
The total area of the apartment is 22.3 m², plus an 8.9 m² terrace. The layout is compact and practical, well suited for short-term accommodation, a summer apartment or a weekend stopover.
The apartment has been renovated and is sold with all necessary furnishings. There is kitchen furniture, electric stove, refrigerator, washing machine, TV, furniture and items necessary for daily use. The new owner can use the apartment immediately without having to start with repairs or furnishing.
The bathroom has a shower, boiler and new plumbing. The electrical wiring has been changed in the apartment, double-glazed windows have been installed, the floor has parquet and the heating is solved with central heating.
One of the greatest assets of the apartment is the private terrace, which adds significant ease of use to the small area. In the summer period, the terrace is a strong selling point for renters as well, because it adds a separate recreation area to a small area.
HOUSE
The apartment is located on the first floor of a 2-story wooden house.
There is a washing machine room in the house, and the apartment includes a locked storage room in the storage room. The entrance to the house is solved through a smart lock with a code, which well supports the organization of short-term accommodation and allows guests to arrive independently.
It is a smaller house, which is well suited for short-term accommodation, because the client does not find himself in a large, anonymous apartment building, but in a calm and more private environment in the Pärnu beach district.
COSTS
Apartment costs are approximately 60 euros in summer and approximately 100 euros per month in winter.
Low ancillary costs are an important advantage from an investment point of view, because the fixed cost remains reasonable even outside the active summer season. A small overall area and simple administration help to keep the investment clear and the cost side under control.
LOCATION AND AREA
Suvituse street is located in one of the most prestigious areas of Pärnu, between the beach and the city center. The beach of Pärnu is only about 400 meters away, and cafes, restaurants, spas, promenade and city center services are within walking distance.
The apartment is located next to the Wasa Hotel, which gives the area a strong summer character. Everything that a Pärnu visitor is looking for is nearby: the beach, greenery, restaurants, spa facilities and city center fun, but the house itself is located in a quieter beach district street.
In such a location, small, furnished spaces suitable for immediate rental income are rarely available. This is an opportunity to acquire a compact investment in the Pärnu beach district, which already has a demand for the summer season and a functioning rental arrangement.
Tallinn
