Completely remodeled residential building with rental housing with a great profitability.
We highlight the terrace with tables and chairs and a laundry area with a bathroom.
The building is distributed in 6 floors:
The first floor and the second floor there is the project already done with the relevant plans and only need to reform them.
Then there are 4 floors each of them with an apartment completely renovated and divided into two studios per floor (the 2 studios on the same floor share a kitchen), with a size of approximately 18 m2 each with private bathroom, large closet, table, refrigerator and balcony.
There are 2 floors still to be renovated and converted into apartments (not 2 studios, but a complete 1 bedroom apartment per floor). The project is already done (they are currently in use as storage).
The building was completely refurbished in 2013 and 2014, and since then constant and careful maintenance has been done; It is in perfect condition.
Actual gross annual yield: 7% (The building is managed by a management company).