- Size: 111m2
- 4
- 2
Description:
- €400,000
Turnkey 4-Bedroom Investment Apartment in the heart of Benimaclet
A turnkey investment opportunity generating €28,200 in gross annual rental income.
Discover this recently renovated, fully furnished and equipped 4-bedroom apartment on Calle Hermanos Villalonga, an excellent opportunity for investors seeking an income-generating property with an established room-rental model.
Offering 111 m² of constructed area, the apartment is situated on the third floor of a building dating from 1967, with the added convenience of a lift and a recently renovated building entrance.
The property features four double bedrooms and two bathrooms, with every bedroom equipped with a double bed, television and air conditioning to provide tenants with a comfortable and well-appointed living space. One of the bedrooms also benefits from a large balcony, adding an attractive outdoor feature.
Recently renovated and sold fully furnished and equipped, the apartment is ready to continue operating as a room-rental investment, offering the new owner the advantage of a property configured for rental income without the need for additional furnishing or renovation.
Investment Highlights:
• Asking price: €400,000
• Built area: 111 m²
• 4 bedrooms with double beds
• Two bathrooms
• Gross monthly rental income: €2,350
• Gross annual rental income: €28,200
• Gross rental yield: 7.05% per annum
• Third-floor apartment with lift
• Recently renovated and fully furnished
• Air conditioning and television in every bedroom
• Large balcony in one bedroom
• Recently renovated building entrance
An Attractive Investment Proposition
Based on the current rental income of €2,350 per month, the property generates €28,200 in annual rental income. At the asking price of €400,000, this represents an estimated 7.05% gross rental yield.
This calculation is before taxes, community fees, maintenance, insurance, vacancy, and other operating expenses.
The existing room-by-room rental configuration, renovated interiors and practical amenities make this a compelling addition to an investment portfolio.
Contact us today for further information or to arrange a viewing.
