Property With Return In Chamberi

Investment opportunity with return in Gaztambide, Chamberí! An exclusive property with return is for sale in one of the most sought-after areas of Madrid, ideal for investors looking for security and guaranteed returns. Located in Gaztambide, Chamberí, it is set in a privileged environment, close to prestigious universities and with high demand for student accommodation. This property, measuring 303 square meters, has been completely renovated and furnished in June 2022. It features ten premium rooms, all with private bathrooms and included services, as well as spacious common areas with a living room, fully equipped kitchen, and laundry. It is situated in a building with an elevator, physical doorman, and has passed all technical inspections. The rental management is fully outsourced to a company specialized in student accommodations, ensuring a worry-free investment. Thanks to a seasonal rental model, it offers 100% occupancy for eleven months a year, with the freedom to adjust the rent. Its gross yield is 5.20%, with no risk of defaults and an annual cash flow exceeding €82,000. The sale price is €1,975,000. A unique opportunity to invest in a secure, profitable asset with no direct management. For more information, do not hesitate to contact.