Flat of 64 m² in Bilbao

Great investment opportunity in Bilbao: property currently rented by rooms, with four independent contracts, monthly income of €2,220 and a gross return of 11.34%.

Located on Conde Mirasol Street, with good connections to the center of Bilbao and close to shops, supermarkets, public transport, and essential services. The surrounding area has a strong demand for room rentals among students, young professionals, and relocated workers.

The property comprises 64 m² distributed across four bedrooms, a kitchen-dining room, and a bathroom. Its layout allows for diversified income across multiple rooms and reduces the financial impact of potential tenant turnover. Furthermore, improvements have been made to the electrical system and bathroom, reducing the initial investment required and facilitating continued operation.

Currently, the rooms generate the following income:

• Room 1: €620/month.
• Room 2: €520/month.
• Room 3: €480/month.
• Room 4: €600/month.

The total rent amounts to €2,220 per month and €26,640 per year. The contracts are currently in effect and the tenants are up to date with their payments, contributing income from the outset of the investment.

On the website you can find additional information about rental agreements, profitability, expenses and the financial analysis of the asset.

Bilbao maintains an active rental demand, especially for well-located homes configured for room rentals, offering income stability and a medium- and long-term outlook.

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

Inviertis provides real estate investment solutions to all types of investors, tailored to their objectives and risk management, supporting them throughout the entire process and offering products and services that maximize returns. It also offers access to an exclusive portfolio of income-producing properties. The information provided comes from various sources, including official bodies and the property owner, and therefore may not be entirely accurate. Inviertis is not legally responsible for any errors or inaccuracies. To expand upon or verify the information, please consult one of our agents.