Inviertis

Flat of 61.4 m² in Bilbao

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Built m²

61.4 m²

room

3

Built

1968

Verification

VERIFIED

Rent end

29/05/2028

Gross Profit.

3.5%

Apartment rented, with tenant up to date with payments and current income through a contract valid until 2028.

The apartment has 53.39 m² of usable space , distributed into an entrance hall, kitchen, three bedrooms, and a bathroom. It is an exterior unit, located on a high floor, and features a balcony and elevator, characteristics that enhance the property's functionality and make it suitable for residential use.

The property has been renovated. The kitchen and bathroom have been updated, and the building's facade has recently undergone SATE (External Thermal Insulation Composite System) renovation, an intervention designed to improve its thermal performance. The apartment also includes appliances.

The contract allows for rent increases based on the Consumer Price Index (CPI), although there is no record of this increase having been applied. The property is also eligible for rent default insurance, subject to the corresponding terms and conditions and assessment.

The surrounding area includes the Sarriko station, integrated into lines 1 and 2 of Metro Bilbao, as well as the Bilbao-Sarriko headquarters of the University of the Basque Country, elements that facilitate mobility and access to educational services.

For the investor, the property combines current income, a defined lease term, and a three-bedroom layout in a renovated apartment. The balcony, elevator, and improvements made to the property and building complete a residential investment with a lease management agreement already in place.

On our website you can find more information about renting and related expenses.

Inviertis provides real estate investment solutions to all types of investors according to their objectives and risk management, accompanying them throughout the process and providing products and services that maximize returns, and offers access to an exclusive portfolio of income-producing properties.

Elevator
ITE
Balcony
Furnished
Appliance
Outward facing

QUALITY OF THE AREA

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Juan de Urbieta, 4, Bilbao, Bizkaia

Property details

Type

Flat

Built m²

61.4 m²

Useful m²

53.39 m²

Rooms

3

Bathrooms

1

Built

1968

Condition

Reformed

Viewing available

Yes


Energy consumption
S/N
Emisions
S/N
Condition

Reformed

Viewing available

Yes

Expenses of active

Owner
Community expenses
    540€/ Year
Taxes (IBI)
    120€/ Year
Garbage tax
    22€/ Year

Tenant

Rental information

31/05/2020
29/05/2028

Lease type

Habitual

Sublease

No

Security deposit

€650

Is there a right to purchase?

Yes

Upgradable to the IPC

Yes

IPC updated

-

Animals allowed

No

Available Proceedings

Yes
ilustración ok
INSURANCE The property is eligible para un non-payment insurance
See conditions

Documents

Download the property documentation
  • icono file
    Leasing contract pdf
  • icono file
    Scriptures pdf
  • icono file
    Other document pdf
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Mortgage

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info iconYears of mortgage

d

info iconInterest rate

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Total Initial Investment

254,425 €
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