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Montijo
Gross Yield:
5.5%
Time to pay off with rent:
7.5 years
Price Difference:
-15%
Expected Rent:
500€/month
For sale is a house to renovate, located in the semi-central area of Montijo. The property features a convenient layout, starting with the ground floor which comprises a hallway, three bedrooms, a kitchen-dining area, and a bathroom. From the kitchen-dining area, there is access to a spacious patio that includes a well and an adjacent warehouse in poor condition situated at the back of the house. Moving to the upper floor, you will find a terrace along with two additional storage warehouses accessible via the staircase from the patio. The house has a total living area of 85 square meters, accompanied by 63 square meters of storage space, which also requires renovation. This property presents an excellent opportunity for those looking to invest in a prime location with potential for development.