Commercial property in Ocana, Toledo, Spain 2000 sq.m. No. 153850

Commercial property in Ocana, Toledo, Spain 2000 sq.m. No. 153850
ID153850 € 2 999 900
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153850

Property description

EXCELLENT HIGH-YIELD INVESTMENT OPPORTUNITY IN OCAÑA
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

Indoor facilities

  • Private parking

Outdoor features

  • Garden
  • Swimming pool
Contact the seller
Contact me via
CityOcana
TypeCommercial property
Living space2000 m2
Completion dateIV quarter, 2004
Price
  • Price
  • per m²
€ 2 999 900
  • EUR €
  • USD $
  • RUB ₽
  • NOK kr
  • GBP £