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Apartment Block in Vecindario

Apartment Block in Vecindario Price: 450.000 €

  • Reference Id: KP-539299
  • Bedrooms: 3
  • Land: 200m2
  • Property for Sale, Commercial Property, Invest
  • Bathrooms: 1
  • Built Area: 75m2
Environment: Furnished, Reduced Price, Garage, Wheelchair Access, Air Conditioning, WIFI Internet, Generating Income, Lift

INVESTMENT OPPORTUNITY. This nice building is located in El Doctoral area of Vecindario, just a couple of streets away from the Atlantico Shopping center and all services . In total it has six apartments with three bedrooms plus six parking spaces and lift. All the flats can easily be rented out for 550€ a month each.

Price for the whole building with 6 flats + 6 garages: 450.000 €

Annual Profitability: 6 - 10% 

The price does not include taxes and expenses of the Purchase: Transfer Tax (6.5%), Notary fees, Land Registry and Legal Fees. We generally calculate 8-10% of the price, but we will give a detailed estimate for each specific property.

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