114 m²
3
1980
✓ VERIFIED
28/09/2028
8%

0/1
114 m²
3
1980
✓ VERIFIED
28/09/2028
8%
Property with tenant built in 1980 in Novelda, Alicante. The house is an apartment on the seventh floor, which has 99.13 m2, distributed in 3 double bedrooms, 2 bathrooms, large living room, kitchen, laundry room and closed terrace, currently used as an office. It has a heat pump, splits in bedroom and dining room. The property has a renovated kitchen and 1 bathroom, renovated in approximately 2000.
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QUALITY OF THE AREA
Constitucion, 40, Novelda, Alicante/Alacant
Flat
114 m²
99.13 m²
3
2
1980
Good condition
Yes
Good condition
Yes
Property Reference: 1804
Lease type
HabitualSublease
NoSecurity deposit
€1,100Is there a right to purchase?
YesUpgradable to the IPC
YesIPC 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
6,658.74 €Expenses
Total operating expenses
1,037.7 €Net operating cash flow
5,562.3 € Mortgage
Net cash flow
5,562.3 €A selection of properties carefully chosen by our team.