Canary Islands, Tenerife, San Cristobal De La Laguna, Spain

Ref. EXP15709
Investment from the first day 3 bedrooms + 3 private bathrooms, in Barrio Nuevo – OFFRA
Buy a property that is already working.

We present this excellent investment opportunity in Barrio Nuevo street, in the surroundings of Ofra – La Cuesta, an especially interesting location for rent for rooms, thanks to its proximity to universities, hospitals, public transport, tram, Mercadona supermarkets, LDLD, educational centers and all kinds of services.

The property is located on the first floor and has been recently renovated, including renovation of plumbing, drains and facilities, offering an updated and prepared home to continue with its current exploitation model.

The property has a distribution that makes it an especially attractive option for investors:
3 independent rooms
3 private en suite bathrooms, with shower tray in each bathroom
Living room
Built-in dining room and kitchen, fully equipped with furniture and appliances
Balcony
Solana shared by two rooms
Independent Solana for the third room
Apartment on the first floor

The property is already exploited by rent for rooms and currently has rental contracts in force.
Each room currently generates:
€420 net/month + supplies
With 3 rooms:
🔥 1,260 € net per month
🔥 15,120 € net per year
The costs of water, electricity and internet are charged additionally, depending on the conditions of the contracts.

The business is already working, you don't need to buy a home, reform it, furnish it, look for tenants and start exploiting from scratch, none of that, the business is running.

You can acquire an asset that already has an occupation and current contracts and continue with the existing model.
Don't stay out, the opportunity is here, it's time to take the first step.
From our WK Finance advisory firm we advise you to get the best financing, contact right now and coordinate a visit!