178 m²
7
1957
✓ VERIFIED
13/08/2023
5.25%


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178 m²
7
1957
✓ VERIFIED
13/08/2023
5.25%
Property with tenant built in 1957 in Gipuzkoa, Pasaia. There are 2 houses joined on the first floor with an elevator, which has 155 useful m2 distributed in 7 bedrooms, 2 bathrooms, 2 living rooms and 1 equipped kitchen. It has a large balcony. A reform would be necessary. The facade of the building has a recent reform and the elevators are recently installed. Each of the houses generates its own taxes and expenses.
A 19% withholding is applied to the rent of this house, which is later recovered in the tax return.
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QUALITY OF THE AREA
Gure Zumardía, 1, Pasaia, Gipuzkoa
Flat
178 m²
155 m²
7
2
1957
To reform
Yes
To reform
Yes
Property Reference: 1653
Lease type
HabitualSublease
-Security deposit
€1,325Is there a right to purchase?
YesUpgradable to the IPC
YesIPC updated
YesAnimals allowed
-
Purchase price
Monthly rent
Acquisition costs
Total Initial Investment

Revenue
Current annual rent
Annual rent increase
Vacancy factor
Expected income 2º year
18,523.4 €Expenses
Total operating expenses
2,683.71 €Net operating cash flow
15,676.29 € Mortgage
Net cash flow
15,676.29 €A selection of properties carefully chosen by our team.