Almazora - Almassora, Valencian Community 12550

Housing with an expected rent of at least 600/month and a 10% gross return Price: 73.000 MOCADI REAL ESTATE CASTELLON presents this interesting investment opportunity on Calle San Felipe in Almassora. A house of 100 m2 built, with three bedrooms and a potential income of 600 per month, ideal for investors looking for recurring income and a property with the possibility of appreciation. CHARACTERISTICS OF THE HOUSE Location: San Felipe street, Almassora. Floor: first, without elevator. Built area: 100 m2. Distribution: three bedrooms, living-dining room, separate kitchen, bathroom and small clothesline. AN INVESTMENT WITH POTENTIAL INCOME FROM THE FIRST MOMENT One of the main attractions of this property is that there are people interested in renting it for 600 per month, accepting the property in its current state, without the need to previously undertake a comprehensive renovation. This allows for an investment for residential rental, with a potential annual income of 7,200 and an estimated gross return of 10%, calculated on the sale price and assuming that twelve full monthly payments are received. REGISTRY SITUATION The property is currently in the phase of segregation and horizontal division, with the procedures previously consulted with the notary and the Land Registry. The purchase and sale as an independent property will be conditional on the completion of the corresponding procedures. ECONOMIC DATA Sale price: 73,000. Expected monthly rent: 600 . Potential annual income: 7,200. Estimated gross return: 10%. An opportunity for those who want to add a three-bedroom home to their portfolio, with an attractive potential income and the possibility of making improvements to the property in the future, according to their investment objectives. Request more information and arrange a visit with MOCADI REAL ESTATE CASTELLON. The indicated rent is a forecast based on the interest expressed by potential tenants, not a formalized lease agreement or guaranteed return. The announced return is gross and does not include taxes, acquisition costs, maintenance or other costs associated with the investment.