Flat in calle de Palamós

, Puente de Vallecas, Madrid, Spain

Listed NaN years ago

2beds

1baths

50 m²area

2Bedrooms

1Bathrooms

50 m²Area

N/AYear Built

ApartmentType

Puente de Vallecas, SpainLocation

About

INVESTOR OPPORTUNITY! APARTMENT ON CALLE PALAMÓS (VALLECAS) Looking for an investment with real profit margin in Madrid? I present this 50 m² apartment on Calle Palamós, a strategic location a stone's throw from Avenida de la Albufera. If you know the area, you know that demand here never fails. Key features of the property: Location: Next to La Albufera, with the Metro (L1) and all services at hand. It's an area with a lot of life and easy to rent or sell after a renovation. Ideal floor: It's a first floor, which is always a plus for comfort and value. Profitability: You make an economical purchase, let the judicial process conclude, and after a small adaptation, you have an asset with immediate revaluation. Why is this a good deal? The price is €140,000. It is well below the market value in the area, and there is a reason for that: the property is currently occupied. But here's the good news for you as an investor: the legal procedure is already underway. You are not starting from scratch; part of the legal path to regain possession has already been covered. This is a product designed for people who understand how the market for assets with issues works and want to take advantage of the opportunity it creates. It's a purchase of a specific asset where you take over at an advanced point in the process. Important information: As the property is occupied, it cannot be visited or mortgaged conventionally, so you will need to have your own capital or specific financing for this type of asset. Legal notice: It is hereby stated that the buyer declares full knowledge of the physical, occupational, and legal situation of the property subject to this offer.