70 m²
3
1952
-
25/04/2031
8.98%

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70 m²
3
1952
-
25/04/2031
8.98%
INVESTORS ONLY — RENOVATED AND RENTED PROPERTY, WITH TENANTS UP-TO-DATE ON PAYMENTS, PROFITABLE IN ALONSOTEGI
Operating asset with €1,470 monthly income and an approximate gross profitability of 9% .
The property is being sold under a seasonal corporate lease agreement with a company. The tenants are up-to-date on payments, and the lease includes additional guarantees and associated insurance, elements that reinforce income stability and facilitate the continuity of the business.
The property was renovated in February 2026 and is ready for its current use. It has 75 m² of living space , distributed into three bedrooms, a bathroom, a living room, and a kitchen. It is entirely exterior-facing and benefits from abundant natural light. Furthermore, video footage is available that provides a more detailed look at its layout and current condition.
Located in Alonsotegi, the property has road and rail connections to Bilbao, which is approximately a ten-minute drive away.
The building has a small community and has planned improvements to the facade, aimed at promoting the preservation of the property.
For the investor, the main value of this asset lies in the combination of high profitability, existing income, corporate contractual backing, and recent renovations. It's an operating property, eliminating the need to start from scratch with the property's adaptation and the initial search for tenants.
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
ULARKI, 22, Alonsotegi, Bizkaia
Flat
70 m²
61.2 m²
3
1
1952
Reformed
Yes
Reformed
Yes
Property Reference: 2387
Lease type
HabitualSublease
NoSecurity deposit
€2,600Is there a right to purchase?
NoUpgradable to the IPC
YesIPC updated
NoAnimals allowed
NoPurchase price
Monthly rent
Acquisition costs
Total Initial Investment

Revenue
Current annual rent
Annual rent increase
Vacancy factor
Expected income 2º year
16,223.11 €Expenses
Total operating expenses
1,465.16 €Net operating cash flow
14,614.84 € Mortgage
Net cash flow
14,614.84 €A selection of properties carefully chosen by our team.