Premium New development

10 Bed Property for sale

Spain

£567,487 *  [€650,000]

10 Bed Property for sale

Spain

£567,487 *  [€650,000]

Property Details


  • Bedrooms: 10
  • Bathrooms: 6

Full Description


Building for Sale in El Fraile – Excellent Investment!A complete building for sale in the center of El Fraile, close to all services and in a strategic location.
The property was built in 1998 and consists of three floors with a total of six apartments (two per floor).
* Ground floor: 2 apartments with 1 bedroom, separate kitchen, living room, bathroom, and patio.
* First and second floor: 4 apartments with 2 bedrooms, separate kitchen, living room, and balcony.
All apartments are currently rented.
Annual return of over 6%.
Rental contracts with a duration of 5 years.
Reliable tenants with no payment defaults.
Only a 10-minute walk to Las Galletas beach.
Just 10 minutes by car to the motorway.An ideal opportunity to invest in a building with high profitability in an area with strong housing demand!
Property tax: €720/year.Year of construction: 1998.Asten Realty reference: 9661.

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This property listing (ref: 1439201) is an advertisement supplied by ASTEN REALTY and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8731 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.