Flat in calle de la Encomienda de Palacios, 376

, Moratalaz, Madrid, Spain

Listed NaN years ago

3beds

1baths

55 m²area

3Bedrooms

1Bathrooms

55 m²Area

N/AYear Built

ApartmentType

Moratalaz, SpainLocation

About

I. Investment deal. Currently, the property is rented with a rent of €700 and there would be one year of lease remaining. We are negotiating with the tenant the possibility of them leaving before the contract ends. This is a property for renovation located in one of the quietest neighborhoods in Madrid. The property consists of three bedrooms, a living room, a bathroom, and a kitchen. It is for renovation and has individual heating with a natural gas boiler. It is located near large shopping centers, with quick access to the Valencia road and the M-30. Excellent communication with regular bus lines and the Madrid metro. Close to schools, nurseries, shops.. . The current profitability could be improved by signing a new five-year rental contract if anyone is interested.