Exceptional Investment Opportunity in Ocaña: 26 Fully Let Apartments with Steady Income Potential
Discover a prime real estate investment in the charming town of Ocaña, Toledo, just 65 kilometers from Madrid—approximately a 45-minute drive. This well-maintained building offers 26 fully rented apartments, making it an attractive choice for investors seeking reliable, high-yield income. Managed seamlessly by experienced professionals, all lease agreements and property upkeep are included, ensuring a hassle-free investment experience.
Property Highlights: - Location: Ocaña, Toledo - Total Annual Gross Income: €178,800 - Apartment Breakdown: - 1-bedroom units: €500/month - 2-bedroom units: €600/month - 3-bedroom units: €700/month - Monthly Income Projection: - 19 two-bedroom apartments: €11,400 - 7 one-bedroom apartments: €3,500 - Total Monthly Revenue: €14,900
Key Advantages: - Included Management: Full building management and lease administration are covered for the first two years. - Reliable Tenants: Most tenants commute from Madrid, attracted by Ocaña’s high quality of life and more affordable living costs. - Low Vacancy & Delinquency Rates: Rigorous rental management and legal support minimize risks, ensuring consistent occupancy. - Professional Maintenance: A dedicated team of four manages property upkeep, renovations, and furnishings, maintaining high standards across all units. - Robust Demand: A continuous waiting list guarantees future occupancy, securing ongoing revenue.
Reasons to Invest in Ocaña: - Prime Location: Only a 45-minute commute to Madrid, combining accessibility with lower living expenses. - Attractive Returns: Stable rental income coupled with professional management translates into high, sustainable long-term yields. - Transparent Pricing: Agency fees are included in the purchase price—no hidden costs.
For more details, contact us at +34 [phone number] or email adrienn@[domain].com. Reference: 129191.
2 bedroom block of apartments
Data source: https://www.rightmove.co.uk/properties/165774173?currencyCode=GBP#/?channel=OVERSEAS
Explore nearby amenities to precisely locate your property and identify surrounding conveniences, providing a comprehensive overview of the living environment and the property's convenience.
Castile-La Mancha, Toledo, Ocaña, Spain