Building for sale in Madrid, Spain

HEMIC PROPERTIES offers for SALE a LOT of 7 rented homes with a total of 19 renovated apartments/studios, gross profitability of 7.5%. Annual income of €154,140.~In three of the areas of Madrid with the highest cumulative growth in terms of property prices.~With long-term room rental contracts.~~COMPREHENSIVE RENOVATION of all the 7 homes between 2021 and 2023, they are delivered fully furnished in a modern and functional style.~~19 Rooms conceived as suitable. or studios, each with its own bathroom. Utilities included: Water, Electricity, Internet.~There is no delinquency, nor has there been in the past. ~On average, it has taken 3 days from the announcement to have the apartments rented ~Very good conversion from gross to net yield due to the type of housing ~The Company is sold, so there would be no ITPs to pay; He has a mortgage of about €280,000. ~~TYPES OF DWELLINGS (3/2 hbs): ~Apartments with separate bedroom, with folding sofa bed with large storage capacity, wardrobe dressed inside, shoe rack and coat rack.~Studios with bedroom integrated into the living room. With a comfortable sofa bed with two beds and three drawers for storage, as well as an inside-dressed wardrobe, shoe rack and coat rack.~~COMPREHENSIVE RENOVATION: Between 2021 AND 2023. They are delivered furnished with a modern and functional style and SMART TV.~Plumbing, carpentry, electricity and sanitation installations changed.~The interior partitions with acoustic insulation. The PVC exterior carpentry of the CLIMALIT brand with thermal break, which insulates from noise, cold and heat; all tilt-and-turn windows. The interior carpentry is made of semi-solid wood and lacquered in white.~ All with top quality materials.~~EQUIPMENT: ~The kitchen in all cases is open and has all the appliances, washing machine, ceramic hob, extractor hood, large fridge and microwave with grill.~ Complete bathrooms with shower tray with glass screen, heated towel rail and duo electric water heater (with two tanks) that guarantees a greater capacity of hot water.~Air conditioning with heat pump and energy-saving electric radiators.~All the lighting is energy-saving LED.~The homes are exterior, very bright and cheerful.~~LOCATION:~Central, with all kinds of services, shops, shopping centres, leisure, restaurants and sports areas. ~In 3 different areas of Madrid to diversify the investment.~Easy access to public transport with numerous bus and metro stops in the surrounding area. ~~HEMIC PROPERTIES helps you in the purchase and sale of your property as well as in carrying out quality renovations at an adjusted price and to get you a mortgage at the most profitable interest rate (half to one point below the Euribor), with the great savings that it entails in the medium/long term.~~