Properties/Flats

Flats · Reus · Ref. MG00536

HIGH-YIELD BUILDING | AN EXCELLENT PROPERTY INVESTMENT OPPORTUNITY

239.700 €

100 m²Floor area
9Bedrooms
3Bathrooms

Description

REF.: MG00536

MADASH GROUP presents an excellent property investment opportunity: a building with 2 flats and 1 commercial unit, currently let and generating income from day one.

RETURN ON INVESTMENT

MONTHLY INCOME: €1,800

ANNUAL INCOME: €21,600

ESTIMATED GROSS ANNUAL YIELD: 9%

RENT BREAKDOWN

Property | Monthly rent | Annual rent |

First-floor flat | €650 | €7,800
Second-floor flat | €600 | €7,200
Commercial unit | €550 | €6,600
TOTAL | €1,800 | €21,600

WHY IS IT AN ATTRACTIVE INVESTMENT?

Immediate return: all three units are let and generate recurring income.
-Diversified income: two flats and a commercial unit with separate contracts.
- Protection against non-payment: all tenancy agreements are covered by rent default insurance, subject to the cover and conditions taken out.
- Partly renovated flats: units that currently generate income without needing a full renovation.
-Location: on Avinguda Jaume I, in a well-connected area close to shops and services.

AN INVESTMENT THAT ALREADY GENERATES INCOME

Buy a building with its units already let, €21,600 in gross annual income and an estimated yield of 9%, without needing to find new tenants to start earning.

Contact MADASH GROUP for more information and the conditions of this investment opportunity.

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Important note: all tenancy agreements have rent default protection insurance.

The yield shown is gross and subject to confirmation of the purchase price. It does not include taxes, purchase costs, maintenance or other expenses.

The published information is for guidance only, is not binding and may contain errors. It is provided for information purposes only and is not contractual.

Features

Reference: MG00536
Price: 239.700 €
Built area: 100 m²
Bedrooms: 9
Bathrooms: 3
WCs: 1
Town: Reus
Postcode: 43205
Energy rating: D

Location

Approximate area. The exact address is provided when you contact us.

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