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5 bedrooms house for sale in Vinalopo Medio, Spain
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5 bedrooms house for sale in Vinalopo Medio, Spain

46 000€

Monóvar

Features

  • General
  • 5 bedrooms
  • 2 bathrooms

Investment Breakdown

Gross Yield:

6.5%

Time to pay off with rent:

7 years

Price Difference:

-10%

Expected Rent:

550€/month

Property description

This charming house in Monóvar presents a unique opportunity for a complete renovation, offering incredible potential for those with a vision. Nestled in an urban area, it currently lacks water and electricity, but these utilities have been accessible in the past, enhancing the property's appeal. A standout feature of the home is its expansive solarium terrace, providing the perfect space for outdoor dining and relaxation during the warmer months. The ground floor boasts a spacious layout with one room and a small covered patio, ideal for creating a cozy outdoor nook or a gardening space. Ascending to the upper floor, you'll find generous rooms that allow for a multitude of uses, including storage or additional living areas. At the pinnacle of the home, the vast solarium terrace takes center stage, encouraging a lifestyle focused on outdoor enjoyment. The possibility of installing a small pool adds another layer of allure to this property, making it an inviting retreat. For anyone interested in a project that could transform this house into a dream home, or for investors looking for a profitable venture, this Monóvar property is a hidden gem waiting to shine.

Location

Date added: 04.12.2024

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