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Global Properties

2000m² Commercial property in Ocana, Spain No. 293430

$ 3 477 484
$ 1 739 per m²
2000 Living space, m²
Ocana, Spain
Parameters
Living space, m²
2000
ID
293430
Type
Commercial property
Completion date
IV quarter, 2004
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
Features
Indoor facilities
  • Private parking
Outdoor features
  • Garden
  • Swimming pool
Statistics Ocana
[:nprice_100:]
Price per m²
N/A
Quality of Life Index
N/A
Cost of living Index
Parameters
[:second_city:]
Toledo
Difference
Monthly Rent Cost
1-Room Apartment
[:nprice_26:]
2-Room Apartment
[:nprice_27:]
Apartment Purchase Price per m²
In the City Center
[:nprice_100:]
Outside the City Center
[:nprice_101:]
Crime Index
N/A
Cost of Living and Rent Index
N/A
Purchasing Power Index
N/A
Property Price to Income Ratio
N/A
Safety Index
N/A
Traffic CO₂ Index
N/A
Traffic Inefficiency Index
N/A
Rent Index
N/A
Health Care Index
47
Groceries Index
N/A
Pollution Index
N/A
Traffic Commute Time Index
N/A
Restaurant Price Index
N/A
Climate Index
N/A
Cost of Living Index
N/A
Quality of Life Index
N/A
Traffic Index
N/A
Restaurants
Markets
Transportation
One-way Ticket (Local Transport)
$ 0.87
Gasoline (1 liter)
$ 1.06
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 13 480
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 28 501
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 65.48
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 19.06
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 10.59
Salaries And Financing
Sports And Leisure
Clothing And Shoes
Childcare
IAD Real Estate
IAD Real Estate
Contact seller
IAD Real Estate
IAD Real Estate
Contact seller

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