Purchasing conditions include an upfront payment of €36,000, followed by an approved mortgage of €78,000. The monthly payment, with a fixed interest rate of 2.5% for the first five years, amounts to €310. This investment offers a net return on equity of 6%. With a residential rental value of €500 per month, the resulting net profit after mortgage payments is €190, leading to an annual profit of €2,280.
This new ground floor property, complete with a patio, will be delivered in January 2025 and is offered in fully renovated condition. Enjoy the benefit of a private entrance! This property presents a high return potential as either a vacation rental or residential space. It represents an extraordinary investment opportunity in a prestigious area that boasts a wealth of amenities within easy reach.
Property characteristics
Complex information
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Property typeDetached chalet
Project information / Work status
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Year of delivery2025
Property data
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Bedrooms1
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Bathrooms1
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built square meters40 m²
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Property typeSecond hand
Facilities
Housing Amenities:
State:
Market price statistics for Chalet adosado en camino de Ribazos, 42
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