3 bedroom apartment Madrid, Spain

Spain, Madrid

$568,789

$6,320/m²

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ID: 3403677

Last update: 16/07/2025

Location

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Country

Spain
State

Community of Madrid
City

Madrid
Address

Calle del Espinar
Metro

Carabanchel (~ 100 m)
Metro

Carpetana (~ 700 m)
Metro

Eugenia de Montijo (~ 700 m)
Metro

Vista Alegre (~ 500 m)

Property characteristics

Apartment parameters

Price per m²

$6,320/m²
Rooms

4
Bedrooms

3
Bathrooms

3
Living area

90 m²

Description

Apartment for sale in the Vista Alegre area, fully renovated and legally divided into three studios, each with an area of 30 m². Each unit has a bedroom, a full bathroom, and an equipped kitchen, as well as being completely furnished and ready to move in or rent out.Two of the apartments are already rented with long-term contracts generating a monthly income of €1,100 each; this represents a net yield of 3.31%. The net yield on the property with all three apartments rented under long-term contracts rises to 4.97%.The homes have been renovated using quality materials; they feature porcelain flooring and PVC interior and exterior carpentry with Climalit windows that ensure good thermal and acoustic insulation. They are very bright spaces that are comfortable and functional.Located in an area where all services are at hand, the apartments are close to bus stops and metro stations surrounded by supermarkets, schools hospitals medical centers parks children's play areas. It is high-demand transitional zone both residentially commercially making this property ideal opportunity investors looking immediate profitability stability term contact us.

Location on the map

Spain, Madrid

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Healthcare

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