Looking for a real estate asset that generates income from day one? This entire building in the heart of Arrecife, next to the courthouse, is the missing piece in your portfolio. We present an excellent investment opportunity in one of Arrecife's most sought-after areas. The entire building, comprising three independent apartments, is for sale. It is strategically located just steps from the courthouse and in the very center of the city.
Profitability Summary: Currently, the property generates a total monthly income of €1,600, distributed as follows: - Apartment A: €550/month - Apartment B: €550/month - Apartment C: €500/month Rental agreements are in place until 2026 and 2029.
Layout and Areas: - Apartment 1: 2 living rooms/kitchens, hall, pantry, 2 bedrooms, and bathroom. Built area: 65.72 m².
- Apartment 2: Living room, kitchen, hallway, bedroom, bathroom, patio, and storage room. Built area: 61.72 m².
- Apartment 3: Living room, kitchen, hallway, bedroom, bathroom, and two balconies. Built area: 57.66 m².
Its proximity to the courts and other points of interest makes it an ideal property for both long-term residential rentals and professional use. Don't miss this opportunity in the most sought-after area!
Property details
Reference:
621916
Size:
197,65m²
Furnished:
Fully furnished
Garage:
No
Garden:
No
Terraces:
2
Location:
Exterior
Ceiling height:
Regular
Walls:
Others
Floors:
Stoneware
Type of windows:
Wood
Type of glazing:
Single
Storage room:
No
Basement:
No
Hot water:
Yes
Type hot water:
Electric heater
No. of floors:
3
Lift:
No
Neighbors:
1
Neighbors in the building:
3
Urbanization:
No
Style:
Classic
Building year:
1967 (59 year/s)
Condition:
Average
Doorman:
No
Floors over street level:
3
Horizontal division:
Yes
Handicapped access:
No
Mortgage simulation
Photos
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location
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Information on property
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