For Sale: Elegant Condominium in Bole Bulbula 40/60 – 224 m²Discover your dream home in this stunning 224 m² condominium located on the 1st floor of a prime building in Bole Bulbula. This elegant unit features:Spacious Master Bedroom with an attached bath and shower roomTwo Additional Bedrooms with a common bathMaid RoomLaundry Area with drainage lineOpen and Closed KitchenStorage RoomThe well-designed kitchen is perfect for culinary enthusiasts, and the bright living room opens to a relaxing balcony, providing a peaceful retreat. Enjoy luxurious ceramic flooring, stylish gypsum ceilings, and beautifully plastered walls throughout the unit.Investment OpportunityOriginally constructed for residential use, this property currently generates a monthly rental income of 50,000 ETB, making it an excellent investment option. The kitchen is equipped with quality cabinets and fixtures, and the unit includes essential amenities such as reliable 220V electricity and a fixed elevator.Location BenefitsSituated just behind the main asphalt road, this condominium offers easy access to transportation, markets, and essential services, ensuring both comfort and convenience.Pricing DetailsCash Against Loan Price: 10.1 million ETB (slightly negotiable)Remaining Bank Loan: 3,500,000 ETBTotal Purchase Price: 13.6 million ETBContact InformationFor more details, contact Adera Property and Asset Management.Property Management and Asset Administration ServicesAt Adera Property and Asset Management, we offer professional services to help clients maintain and grow their assets. Our team is dedicated to providing high-quality management solutions tailored to your needs.Tips for Sale AgreementClear Terms: Ensure all terms are clearly defined, including the sale price, payment method, and any conditions.Inspection Clause: Include a clause allowing the buyer to inspect the property before finalizing the sale.Disclosure of Liens: Disclose any existing liens or loans on the property to avoid future disputes.Service Fee: Note that a 2% service fee applies to the total price for both buyers and sellers.Legal Review: Consider having a legal professional review the agreement to ensure compliance with local laws.Tips for Rent AgreementDefine Duration: Clearly specify the lease duration and renewal options.Payment Terms: Outline the rent amount, due dates, and acceptable payment methods.Security Deposit: Specify the amount and conditions for the security deposit.Maintenance Responsibilities: Clearly state maintenance duties of both the landlord and tenant.Termination Notice: Include notice requirements for termination of the lease by either party.By following these guidelines, you can safeguard the interests of both buyers and sellers, ensuring a smooth transaction process.BT: 1
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