Property Details

Description

We could not wait for the professional photographic report and the 360 tour to present you this great real estate investment opportunity, profitable and with growth potential. We present a highly profitable investment in a renovated apartment with three bedrooms, a bathroom, kitchen and living room, located in a strategic area with direct access to all parts of the city and the neighboring towns of the metropolitan area of Malaga. This privileged location ensures high rental demand, which translates into a constant profitability from the first moment. The current rent of 600 euros per month not only provides immediate passive income, but the annual adjustment of the rent according to the CPI guarantees an increasing profitability in the face of inflation, which makes this investment protected and growing over time. If purchased in cash, the annual return ranges between 6% and 7%, while with a mortgage it could reach 9% or even more, making this property one of the most profitable options in today's market. The property has a reliable tenant that ensures a stable income for the next 7 years, thanks to its punctual payment history. In addition, there is no community fees and the IBI and garbage expenses add up to only 200 euros per year, which further increases the attractiveness of this investment. This apartment not only offers immediate profitability, but also a great potential for revaluation due to its strategic location and the high rental demand in the area, which guarantees its long-term growth. In compliance with the decree of the Junta de Andalucía 218/2005 of October 11, 2005, we inform the client that the notary, registry and ITP costs are not included in the price, the real estate brokerage is included in the price.

Features

Location

Taxes

Community Fees / Year: No Information

IBI Fees / Year: 196,00 EUR

Basura Tax / Year: No Information

Energy Rating