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3 bedroom apartment Madrid, Spain

Spain, Madrid
$556,017
$6,178/m²
;
3 bedroom apartment Madrid, Spain
27
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Description Description
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ID: 3403677
Property ID on Realting
Last update: 25/04/2025

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
    Price per m²
    $6,178/m²
  • Rooms
    Rooms
    4
  • Bedrooms
    Bedrooms
    3
  • Bathrooms
    Bathrooms
    3
  • Living area
    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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3 bedroom apartment Madrid, Spain
Spain, Madrid
$556,017
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