Building of 352 m² in Astorga

INVESTORS ONLY – PROFITABLE RESIDENTIAL BUILDING IN ASTORGA

Residential building for sale with three currently rented homes, a configuration that allows for income from the acquisition and diversifies the rental between several units within the same asset.

Built in 1968 on a 248 m² plot, the property has 352 m² of constructed area according to the Land Registry. It is located in a well-established urban area of Astorga, with access to shops, restaurants, everyday services, and road and public transport connections.

The building is distributed as follows:

Apartment on the first floor: 74 m² built according to the Land Registry. The deed describes a 67.18 m² apartment, distributed into a living room, three bedrooms, a bathroom, and a kitchen with a pantry, plus an attached storage room of approximately 6.67 m². Currently rented for €250 per month .

Second-floor apartment: 74 m² built according to the Land Registry. It has a living room, three bedrooms, a bathroom, and a kitchen with a pantry. It also has an attached storage room of approximately 6.66 m². Currently rented for €250 per month .

Third-floor apartment: 74 m² built according to the Land Registry. It comprises a living room, three bedrooms, a bathroom, and a kitchen with a pantry, along with an adjoining storage room of approximately 6.67 m². Currently rented for €250 per month .

On the ground floor there are also two areas designated for storage, of 65 m² and 20 m² , which currently do not generate independent income.

The three apartments provide a combined income of €750 per month and €9,000 per year . Based on a sale price of €150,000 , the building offers an approximate gross return of 6% , not including any potential future use of the available ground-floor spaces.

Currently, the property is not open to the public. Visits can be arranged once a purchase offer has been submitted and prior authorization from the owner has been granted.

A proposal aimed at investors looking to acquire an entire building, with income distributed among three lease agreements and room to explore new ways of utilizing the asset.

On our website you can find more information about renting and associated property costs.

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. We also offer 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.