206 m²
6
1972
✓ VERIFIED
30/09/2024
3.08%


0/1
206 m²
6
1972
✓ VERIFIED
30/09/2024
3.08%
Demographic profile of the area. They are statistical data, they are not real data of the tenants: men between 40 and 45 years old, single, with second degree studies and an income of €31,347/year
Property with a tenant built in 1972 in Palma, Illes Balears. The house is a flat on the sixth floor with a lift that has 179.13 m2 useful distributed in 6 bedrooms, 2 bathrooms, an equipped kitchen and a living room. It has air conditioning, heat pump. and terrace with marble floors. It is renovated and includes reforms in the kitchen, semi-reform in the bathroom, armored door, electricity, plumbing, installation of air conditioning and solid white lacquered interior carpentry. Renovated in 2015.
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QUALITY OF THE AREA
Aragó, 42, Palma, Illes Balears
Flat
206 m²
179.13 m²
6
2
1972
Good condition
Yes
Good condition
Yes
Property Reference: 1531
Lease type
-Sublease
-Security deposit
€1,300Is 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
15,738.84 €Expenses
Total operating expenses
2,610.19 €Net operating cash flow
12,989.81 € Mortgage
Net cash flow
12,989.81 €A selection of properties carefully chosen by our team.