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Oviedo
Gross Yield:
6.5%
Time to pay off with rent:
12.8 years
Price Difference:
-5000%
Expected Rent:
845€/month
Built in 1962, this 85 m2 apartment is now available for sale in the prominent Masip neighborhood of Oviedo. The property features a small terrace and consists of a living room, two bedrooms, and a kitchen that needs renovation. A third bedroom leads to an interior patio, adding to the unique layout of the space. The apartment is equipped with efficient central services, with consumption meters already installed. Currently, construction is underway to eliminate architectural barriers in the entrance of the building, and the associated cost has already been covered. The annual property tax (IBI) is €388, and the community fees for central services are €150 per month. This apartment offers a wonderful opportunity for those looking to invest in a property with potential for modernization while being located in a sought-after area.