Description
Located in Madrid, this property comprises three self-contained apartments, each measuring 35 m². The total usable area is 108 m², while the plot measures 108 m². The apartments have separate entrances accessed from a common hall and offer a total of 3 bedrooms and 3 bathrooms.
Each unit is fully equipped and includes a sleeping area, living and dining space, an American-style kitchen and a bathroom.
All three apartments are currently rented under short-term 11-month leases. Each unit generates a monthly rent of €675. The rent could be increased to €795 per unit, which would further improve the asset’s profitability.
Regular ownership costs include community fees of €73 per month and annual IBI property tax of €528.
The property is situated in an area with a wide range of amenities, including schools, green areas, parks, hospitals, a shopping centre and local shops. It also benefits from good public transport connections via metro and several bus lines.
