Flat in calle de Carabelos, 50

, Usera, Madrid, Spain

Listed NaN years ago

2beds

2baths

52 m²area

2Bedrooms

2Bathrooms

52 m²Area

N/AYear Built

ApartmentType

Usera, SpainLocation

About

OPPORTUNITY IN MADRID RÍO Apartment ready to live in or invest | Area with high rental demand Exterior apartment, well distributed and ready to move into or start generating income from day one. —? Madrid? Purchase price: €225,000? Property features? Ground floor? 50 m² well utilized? 2 bedrooms? 1 bathroom? Exterior? Elevator ✔ Ready to move in ✔ Ideal for both a primary residence and investment ✔ Building facade completely renovated with ETICS system (external thermal insulation) —? RENTAL SITUATION (estimated)? Estimated income: €1,250/month? Annual income: €15,000/year? Approximate gross profitability: 6% —? LOCATION AND DEMAND Area with high demand for both residential and rental. ? 12 de Octubre Hospital? Caja Mágica? Manzanares Linear Park / Madrid Río? Municipal library? San Fermín Health Center? Shopping center on Avenida de la Perla / Avenida de Andalucía? Metro Line 3 – San Fermín Established area with all services and very well connected. —? INVESTOR'S TAKE ✔ High rental demand in the area ✔ Good product for both rental and personal use ✔ Asset ready to live in or generate income ✔ Building with recent energy improvement (ETICS).