410.000 €
Gross area 302 m²
An investment opportunity with long-term appreciation potential. Located in Monchique, this building consists of two 3-bedroom apartments, one on the ground floor and the other on the first floor, both with balconies and an independent basement garage. Ground floor - T3 Three bedrooms and two bathrooms, one complete and one for service. Balcony with access to the kitchen and two bedrooms. Panoramic view. Independent garage in the basement. Rented for €171.62/month. First floor - T3 Three bedrooms and two bathrooms. Two balconies, one with access from the living room and the other from the kitchen and two bedrooms. Independent garage in the basement. Rented for €284.90/month. Invest today, think about tomorrow’s value Currently, the building provides an annual income of €5,478.24, corresponding to existing rents. Old lease contracts condition the current market value of the property, and may represent an opportunity for investors with financial capacity and a long-term vision. The acquisition allows you to immediately secure ownership of a building with two T3 apartments and two garages, with potential for future appreciation, particularly if it becomes possible to recover the availability of the apartments, under legally applicable terms. Sale price: €410,000 Joint sale of the building, individual sale of the apartments is not possible. An opportunity for those who know how to look beyond current income and recognize the potential for appreciation of real estate assets in the long term. #ref:KWPT-041530
