64 m²
1
-
-
01/02/2022
12.11%


0/1
64 m²
1
-
-
01/02/2022
12.11%
This is your opportunity to invest in Bilbao, in the Masustegi neighborhood in the Basurto-Zorroza district. Property on the first floor of a building without elevator, with 1 neighbor per floor and 3 floors. The building built in 1958 has a medium state of conservation. The house has a separate entrance at street level. Housing with reform of 2019. Parquet floors in rooms and stoneware in kitchens and passage areas, interior and exterior carpentry were updated. The doors are made of varnished wood and the double aluminum windows. Its 63.40 m² useful, according to registry information, are distributed in a living room, separate kitchen, laundry room, 2 bedrooms and 1 bathroom. It has 2 small storage rooms. The property is located in Masustegi, a quiet residential neighborhood, perched on the side of a mountain to the west of the urban area of Bilbao. Despite being in a relatively secluded area, it is just a 15-minute walk from the Basurto neighborhood, where the hospital with the same name, a train station, shopping and service areas, schools and sports facilities are located. The property is rented with furniture and appliances and its tenants currently rent € 550 per month.
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QUALITY OF THE AREA
Estrada de Masustegui, 196, Bilbao, Bizkaia
Flat
64 m²
55 m²
1
1
-
Reformed
Yes
Reformed
Yes
Property Reference: 1196
Lease type
-Sublease
-Security deposit
-Is 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
13,317.48 €Expenses
Total operating expenses
565.4 €Net operating cash flow
12,634.6 € Mortgage
Net cash flow
12,634.6 €A selection of properties carefully chosen by our team.