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House for sale in Ferrol, Spain
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House for sale in Ferrol, Spain

250 000€

Ferrol

Features

  • General
  • Own Garage
  • Areas
  • Plot: 2,687 m²
  • Built: 2,687 m²

Investment Breakdown

Gross Yield:

5.5%

Time to pay off with rent:

17.4 years

Price Difference:

-20000%

Expected Rent:

1200€/month

Property description

This property is located in the desirable area of Santamarina in Ferrol, close to the urban center. It features a house alongside additional buildings currently used as a storage space, all situated on a generous plot of land. Both the main house and the adjoining structures require renovations, offering significant potential for various development opportunities. With ample space available, this property could be transformed into a charming residence or developed for commercial use, taking advantage of the area's increasing demand. The potential for expansion and renovation makes this an attractive investment for those looking to maximize their returns in a growing neighborhood.

Location

Date added: 16.12.2024

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