Flat of 70 m² in Alonsotegi

INVESTMENT WITH A GROSS RETURN OF 9% | €1,470/MONTH INCOME | RENTED AND GENERATING INCOME FROM DAY ONE

Opportunity for investors looking for a working asset, with immediate income and a profitability that is hard to find in the Bilbao area.

The property is currently being sold with a tenant in place, generating €1,470 per month , representing an approximate gross yield of 9%. The property has a seasonal corporate lease agreement with a company, financially sound tenants who are up-to-date on their payments, additional guarantees, and associated insurance, offering stability and reducing risk for the buyer.

Located in Alonsotegi, just 10 minutes from Bilbao, it enjoys excellent road and rail connections, as well as constant rental demand driven by its proximity to the Bilbao metropolitan and business area.

The house, which is completely exterior-facing and recently renovated, has 75 m² of living space , distributed into 3 bedrooms, 1 bathroom, a living room, and a kitchen, with excellent natural light. Its condition allows for immediate operation without the need for additional investment.

The building has a small community and a planned facade renovation, an intervention that will contribute both to the building's preservation and its potential for appreciation. It is a particularly attractive asset for those seeking to combine immediate profitability, income stability, and appreciation potential, while avoiding the costs, time, and uncertainty of putting a property up for rent from scratch.

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.