44 m²
2
1942
✓ VERIFIED
09/12/2024
7.63%

0/1
44 m²
2
1942
✓ VERIFIED
09/12/2024
7.63%
#Property verified by architect
Investment opportunity in the city of Madrid in the San Diego neighborhood of the Puente de Vallecas district, Madrid. Property on the third floor of a building without elevator, with 2 neighbors per floor and 3 floors . The building built in 1942 has a medium state of conservation. The property is renovated in 2013 and has a heat pump and air conditioning, individualized heating system as well as a gas heater and induction stoves. It has laminate and ceramic flooring in wet areas, white lacquered doors and climalit aluminum windows . Its 38.82 m² useful are distributed in a dining room, two bedrooms, kitchen and toilet. It also has a roof terrace that is only used by the tenants on the third floor. The property is located in a residential neighborhood, close to schools and within walking distance of shops and restaurants. It is located next to Amós Acero Park. 10 minutes away, there is the Nueva Numancia metro stop that connects you with the rest of the city. The property is rented furnished with appliances and its tenants currently rent €750 euros per month.
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QUALITY OF THE AREA
Parroco Don Emilio Franco , 36, Madrid, Madrid
Flat
44 m²
39 m²
2
1
1942
Reformed
Yes
Reformed
Yes
Property Reference: 1187
Lease type
-Sublease
-Security deposit
€750Is there a right to purchase?
NoUpgradable to the IPC
-IPC updated
-Animals allowed
-
Purchase price
Monthly rent
Acquisition costs
Total Initial Investment

Revenue
Current annual rent
Annual rent increase
Vacancy factor
Expected income 2º year
9,080.1 €Expenses
Total operating expenses
875 €Net operating cash flow
8,125 € Mortgage
Net cash flow
8,125 €A selection of properties carefully chosen by our team.