2 bedroom block of apartments for sale
Castile-La Mancha, Toledo, Ocaña, Spain
- 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
Only 45 minutes from Madrid
Residential building for sale consisting of 26 fully rented apartments, offering stable, secure and immediate rental income.
An ideal asset for investors seeking long-term profitability with professional management in place.
PROPERTY DESCRIPTION
– Residential building with 26 apartments
– All units currently rented
– Reliable and solvent tenants
– Property maintained in excellent condition
RENTAL INCOME
– Total monthly income: 14,900 €
– Gross annual income: 178,800 €
Rental price breakdown
– 1-bedroom apartments: 500 € / month
– 2-bedroom apartments: 600 € / month
– 3-bedroom apartments: 700 € / month
Unit distribution
– 19 two-bedroom apartments: 11,400 € / month
– 7 one-bedroom apartments: 3,500 € / month
MANAGEMENT & ADMINISTRATION
– Full property management included for the first 2 years
– Maintenance included in the sale price
– Dedicated team of 4 people managing the building
– Apartments fully furnished
– Repainting and preparation between tenants
KEY INVESTMENT ADVANTAGES
– 100 % occupancy
– Permanent waiting list
– Very low risk due to strict rent control
– Ongoing legal support from a law firm
– Majority of tenants work in Madrid and choose Ocaña for better quality of life and lower living costs
WHY INVEST IN OCAÑA
– Excellent connection to Madrid (45 minutes)
– Lower cost of living
– Constant rental demand
– Strong and stable long-term returns
ADDITIONAL INFORMATION
– Agency fees included in the sale price
– No additional costs for the buyer
Contact
Phone: +34
Our agency’s professional fees are already included in the sale price, therefore the buyer will not be required to pay any additional management or real estate consultancy fees.
REF: 129191
Castile-La Mancha, Toledo, Ocaña, Spain
NEAREST AIRPORTS
Distances are straight line measurements- Madrid (Barajas)(International)36.1 miles
- Ciudad Real, Aeropuerto Central(International)74.6 miles
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Notes
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.