Adjoining studios in ELT Rainbow 🌈 — 70 m² for living or profitable flipping
‼️ Sale as a single lot
11th floor
ELT Rainbow, built in 2023.
• In the building: canteen, cafe, pharmacy, SPAR
Trendy neighborhood:
• fitness club with a swimming pool
• rooftop terraces for relaxation
• Japanese and Italian restaurants
• lounge bar
• rooftop cinema, etc.
Total area — 69.1 m²: 34.5 m² + 34.6 m².
A key advantage is that two adjacent studios can be combined into one complete unit. There is an opportunity to design a layout with two bedrooms.
Condition and utilities:
• two plumbing connections for bathrooms
• floor screed completed
• gas boilers installed
• gas paid for
• construction material delivery paid for
• all necessary expenses covered
The building is equipped with a generator ensuring uninterrupted operation of elevators and corridor lighting.
💰 Price — $80,000 for both studios
A large parking space No. 17 can be purchased separately for $15,500.
📈 Excellent flipping potential
Currently, shells in this format are listed from $1300 – $1400/m². Here, the purchase price is only about $1150/m².
This means the buyer gets 69.1 m² at a price lower than the current market value for a shell, while gas, material delivery, and essential costs are already paid.
Moving forward, you can realize your own concept: combine the two units, create a modern two-bedroom apartment, and sell the finished product at a much higher price after renovation.
Great entry point: large area, low price per m², and clear potential for value appreciation.