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Castile-La Mancha, Toledo, Ocaña, Spain

€3,000,000
IAD, Barcelona
PROPERTY TYPE

Block of Apartments

BEDROOMS

2

BATHROOMS

2

SIZE

19,590 sq ft

1,820 sq m

Key features

  • 2 bedrooms
  • House area: 1820 sqm
  • Swimming Pool
  • 2 bathrooms
  • Construction year: 2004

Description

Investment Opportunity with High Returns in Ocaña!

For sale: 26 fully rented apartments in a strategically located building just 65 km from Madrid, about a 45-minute drive away. This property is ideal for investors seeking a stable and secure income source. All rental and maintenance contracts are managed by an experienced professional team.

Property Details:

Location: Ocaña, Toledo
Total Annual Income: €178,800
Rental by Apartment Type:
1-bedroom apartments: €500/month
2-bedroom apartments: €600/month
3-bedroom apartments: €700/month
Projected Monthly Income:
19 two-bedroom apartments: €11,400/month
7 one-bedroom apartments: €3,500/month
Total Monthly Income: €14,900/month
Total Annual Gross Income: €178,800/year
Key Benefits:

Complete Management Included: For the first two years, contract and building maintenance management is included in the sale price.
Stable Tenants: Most tenants work in Madrid, choosing Ocaña for its excellent quality of life and more affordable prices.
Low Risk: With rigorous rental management and legal support from a dedicated law firm, the delinquency rate is extremely low.
Administration and Maintenance:
We have a team of 4 people exclusively dedicated to property management. We ensure that apartments are in optimal condition, fully furnished, and renovated between tenants.

Constant Waiting List: There is always demand to rent these apartments, ensuring full occupancy at all times.

Why Invest in Ocaña?

Proximity to Madrid: Only 45 minutes from the capital, with significantly lower living costs.
Excellent Returns: With stable income and a dedicated management team, this investment offers high, long-term returns.
Agency fees included in the sale price, with no additional costs.

Phone: +34
Email: adrienn.
REF: 129191

Castile-La Mancha, Toledo, Ocaña, Spain

Approximate location
Open mapStreet View

NEAREST AIRPORTS

Distances are straight line measurements
  • Madrid (Barajas)(International)
    36.1 miles
  • Ciudad Real, Aeropuerto Central(International)
    74.6 miles
Advice on buying Spanish property

Advice on buying Spanish property

Learn everything you need to know to successfully find and buy a property in Spain.

About IAD, Barcelona

Ramón Turró, 23 2� planta Barcelona 08005

Created in France in May 2008 by Malik Benrejdal, Jérôme Chabin and Sébastien Caille, I @ D is today the largest network of real estate consultants in the country, with thousands of consultants spread across French territory. It was in a garage that the desire was created to create a fully innovative real estate network, with the aim of providing a close follow-up to clients who want to sell, lease or acquire a property, guaranteeing an unparalleled online disclosure while simultaneously revaluing the proffesion of real estate consultant .

The I @ D concept is thus based on three fundamental pillars:

- Real Estate: the founders of I @ D France are all from real estate;

- The Web: dematerialize the agencies to propose a more competitive service to the client and to provide a work environment optimized for the consultants;

- Network Marketing: create a dynamic network of proximity, based on the sharing and freedom of each consultant can make to evolve his career.

In June 2015, I @ D took the first steps in its internationalization with the birth of I @ D Portugal. Vincent Morin is now president of the company, sharing management with three other real estate experts who have been part of I @ D France since its foundation: Bryan Longet, Tony Ferreira (Portuguese-descendant) and Kader Mouloudji. Among the founders of I @ D Portugal are Pedro Pimenta, a businessman who for more than a decade has been recognized for his success in the field of new technologies, and Joël Pereira, who currently signs himself in France as one of the best ROCs in his generation. Six brilliant minds who have come together to bring this innovative project to Portugal, which has been experiencing an absolutely remarkable growth ever since.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by IAD, Barcelona (reference 247016_129191) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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