ALCAIDESA REAL ESTATE (1%)
here . HIGH-YIELD REAL ESTATE ASSET: 104 m2 DIVIDED INTO TWO UNITS. . An excellent business opportunity is now available for sale in Algeciras. This 104 m2 property is located within a well-established building and has undergone a comprehensive renovation. It has been strategically redesigned to function as two independent apartments, optimizing every square meter for the rental market.. . This configuration allows the owner to double the monthly cash flow, minimize vacancy risks, and offer a high-demand product in the local area.. . Property Breakdown. The renovation respected the building's original structure while fully updating all utilities and finishes to ensure low-cost, long-term maintenance.. . Unit A (1-Bedroom Apartment). Living Area: An open-plan space combining the living and dining rooms with functional furniture.. . Kitchen: Integrated into the living space, equipped with a gas hob, stainless steel sink, and white melamine cabinetry.. . Bedroom: A private room featuring a double bed and a large built-in wardrobe.. . Bathroom: Refurbished with a walk-in shower and easy-to-clean ceramic tiling.. . Unit B (2-Bedroom Apartment). Main Living Room: Noteworthy for its large windows, providing excellent natural light. Features smooth walls with accent colors and durable laminate flooring.. . Eat-in Kitchen: Very spacious, including a dining area. Fully equipped with a washing machine, microwave, large fridge-freezer, and dark granite countertops.. . Sleeping
here . Master Bedroom: Large enough for a double bed and additional furniture.. . Second Bedroom: Single-sized, ideal for a single tenant or as a home office.. . Bathroom: Full bathroom with new fixtures and a shower with a glass enclosure.. . Strategic Investment Factors. Total Surface: 104 m2, ensuring spacious rooms and avoiding the "micro-apartment" feel.. . Condition: Move-in ready; the laminate flooring, aluminum windows, and fresh paint allow for immediate rental marketing.. . Versatility: As the building is an older, established construction, it benefits from low community fees and property taxes (IBI), significantly improving the annual net profit margin.. . Privacy: Both units share a small entrance foyer but maintain total independence through separate security doors.. . Technical Summary: A 1972 property fully modernized on the inside, designed for investors seeking a "safe-haven" asset with an estimated gross yield significantly higher than the regional average.. . ?????. . Closing costs to be paid by the
here . €1,200 approx. – Notary and Land Registry fees.. 7% ITP – Property Transfer Tax (Andalusian Tax Agency).. 1% – Real Estate Agency fee..