68 m²
1
1964
✓ VERIFIED
14/02/2023
4.62%

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68 m²
1
1964
✓ VERIFIED
14/02/2023
4.62%
Demographic profile of the area: man between 45 and 50 years old, married, with second degree studies and an income of €25,116/year
Property with tenant built in 1964 in Alicante. The house is an attic on the eighth floor with a lift that has 59m2 useful distributed in 1 bedroom, a bathroom and an open area with a kitchen equipped with a breakfast bar and access to the terrace. It has a terrace, storage room, underfloor radiant heating and air conditioning. Parquet floors. The flat was renovated in 2012.
It is very well located 10 minutes from the beach and 5 from downtown. All exterior and very bright. In good state of maintenance.
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QUALITY OF THE AREA
San Juan de Dios, 1, Alicante/Alacant, Alicante/Alacant
Flat
68 m²
59.13 m²
1
1
1964
Good condition
Yes
Good condition
Yes
Property Reference: 1523
Lease type
-Sublease
-Security deposit
€450Is there a right to purchase?
YesUpgradable 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
6,053.4 €Expenses
Total operating expenses
854.99 €Net operating cash flow
5,145.01 € Mortgage
Net cash flow
5,145.01 €A selection of properties carefully chosen by our team.