Flat of 131 m² in Logroño

Investment opportunity in Logroño: rented property with garage space and storage room included.

Located in the Concepción Arenal area, the property has 90.46 m² of usable space and 112.48 m² of total built area, including common areas. It comprises three bedrooms and includes a parking space and a storage room as part of the transaction.

It is currently rented under a standard residential lease agreement, valid from March 5, 2022 to March 4, 2029. The current rent is €654.72 per month, equivalent to €7,856.64 per year.

The set is being marketed for €226,000, offering an approximate gross return of 3.48%.

The known expenses amount to €97.67 per month for community fees and €299.52 per year for property tax (IBI), corresponding to the housing and garage space.

An option geared towards investors looking to acquire a property that is already rented, with income from day one and the added value of having a garage and storage room.

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

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