Fraile Edificios

Building for Sale in El Fraile – Excellent Investment! A complete building for sale in the center of El Fraile, close to all services and in a strategic location.
The property was built in 1998 and consists of three floors with a total of six apartments (two per floor).
* Ground floor: 2 apartments with 1 bedroom, separate kitchen, living room, bathroom, and patio.
* First and second floor: 4 apartments with 2 bedrooms, separate kitchen, living room, and balcony.
All apartments are currently rented.
Annual return of over 6%.
Rental contracts with a duration of 5 years.
Reliable tenants with no payment defaults.
Only a 10-minute walk to Las Galletas beach.
Just 10 minutes by car to the motorway. An ideal opportunity to invest in a building with high profitability in an area with strong housing demand!
Property tax: €720/year. Year of construction: 1998. Asten Realty reference: 9661.