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Montijo
Gross Yield:
6.5%
Time to pay off with rent:
12 years
Price Difference:
-12%
Expected Rent:
800€/month
This property is a spacious single-storey house located in the semi-central area of Montijo, set on a large plot of 538 square meters. The current layout includes a wide hallway that leads to a second area that is utilized as a cozy living room. The house has three bedrooms, making it an ideal space for families. The property also features a first patio providing access to the kitchen, a bathroom, and two storage rooms, which add to the functionality of the home. The exterior boasts a generous patio and a large outbuilding at the back, offering ample outdoor space for various activities or potential development. With 111 square meters of living space available for renovation or demolition, there’s significant potential for modernizing or rebuilding according to personal taste or investment needs. Additionally, the outdoor space includes 373 square meters of patio and a 54 square meter outbuilding, providing further options for use or expansion. This property presents a unique opportunity for both investors and homebuyers looking for a property with great space and potential in Montijo.