41 m²
1
1975
-
02/10/2029
4.47%

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41 m²
1
1975
-
02/10/2029
4.47%
Currently rented property with a tenant who is up to date with payments , aimed exclusively at investors looking for ongoing income in the Palma area, Balearic Islands.
Built in 1975 and renovated, it is located on the fourth floor and has 35.65 m² of usable space . Its layout integrates an entrance hall, bathroom, kitchen, living-dining-bedroom area and terrace, creating a compact and functional space.
The property is exterior-facing, north-facing, and features an elevator, balcony, and access to a communal pool and green area . It comes equipped with appliances, facilitating its continued residential use.
The location adds to the appeal of the property due to its proximity to the Cala Major–Sant Agustí area, a coastal area of Palma with beach, services and connection.
A suitable alternative for investors looking to combine active income, renovated housing and distinctive features within a consolidated area of Palma.
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.
QUALITY OF THE AREA
PARADIS , 16, Palma, Illes Balears
Flat
41 m²
35.65 m²
1
1
1975
Reformed
Yes
Reformed
Yes
Property Reference: 2320
Lease type
HabitualSublease
NoSecurity deposit
€2,200Is there a right to purchase?
YesUpgradable to the IPC
YesIPC updated
-Animals allowed
-Claimable for own use
YesPurchase price
Monthly rent
Acquisition costs
Total Initial Investment

Revenue
Current annual rent
Annual rent increase
Vacancy factor
Expected income 2º year
13,317.48 €Expenses
Total operating expenses
3,321.4 €Net operating cash flow
9,878.6 € Mortgage
Net cash flow
9,878.6 €A selection of properties carefully chosen by our team.