Valley Cottages
Simons Lane Paget, Bermuda
Amenities
- Air Conditioning
- Centrally Located
- Income Apartment
- Near Bus
- Near Public Transportation
- Near Shops
- On Quiet Road
Welcome to Valley Cottages, a bespoke guest house situated in the heart of Paget, perfect central location for tourist accommodations.
The property is well maintained and has been much loved tourism property for decades, with a current hotel licence in place. All apartments are fully occupied and this unique investment opportunity is currently returning a NET ROI of 9.7%.
Comprising 8 apartments in total, the the current configuration is:
- One 2 bed/ 1 bath standalone cottage
- Three 2 bed/ 1 bath apartments (upper and lower)
- One 1 bed/ 1 bath upper apartment
- Three studio apartments
- Shared laundry
- Small office
- Ample bike parking onsite
The thoughtful garden with mature plantings and hedging creates privacy for guests, and unique spaces for enjoying outdoor living.
In addition, Valley Cottages is situated a 1min walk from Marketplace, Gas Station, Bus Stop and Oleander Cycles. A 5 min walk will find you at Lower Ferry, the Railway Trail or ScooterMart. And a 10min walk will land you on Elbow Beach!
Opportunities abound for vacation rentals, AirBnB, short or medium term rental options!