Building in Ocaña

€2,999,900

Building in Ocaña

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Investment Opportunity with High Returns in Ocaña! For sale: 26 fully rented apartments in a strategically located building just 65 km from Madrid, about a 45-minute drive away. This property is ideal for investors seeking a stable and secure income source. All rental and maintenance contracts are managed by an experienced professional team. Property Details: Location: Ocaña, Toledo Total Annual Income: €178,800 Rental by Apartment Type: 1-bedroom apartments: €500/month 2-bedroom apartments: €600/month 3-bedroom apartments: €700/month Projected Monthly Income: 19 two-bedroom apartments: €11,400/month 7 one-bedroom apartments: €3,500/month Total Monthly Income: €14,900/month Total Annual Gross Income: €178,800/year Key Benefits: Complete Management Included: For the first two years, contract and building maintenance management is included in the sale price. Stable Tenants: Most tenants work in Madrid, choosing Ocaña for its excellent quality of life and more affordable prices. Low Risk: With rigorous rental management and legal support from a dedicated law firm, the delinquency rate is extremely low. Administration and Maintenance: We have a team of 4 people exclusively dedicated to property management. We ensure that apartments are in optimal condition, fully furnished, and renovated between tenants. Constant Waiting List: There is always demand to rent these apartments, ensuring full occupancy at all times. Why Invest in Ocaña? Proximity to Madrid: Only 45 minutes from the capital, with significantly lower living costs. Excellent Returns: With stable income and a dedicated management team, this investment offers high, long-term returns. Agency fees included in the sale price, with no additional costs. 📞 Phone: +34 674 946 436 📧 Email: adrienn.balazs@iadespana.es

Ref: 129191

Characteristics

  • 2,000 m² built, 1,820 m² floor area
  • 2 bathrooms
  • Garden
  • Parking lot
  • Swimming pool
  • Built in 2004
  • 4 levels

Price details

Property price
€2,999,900
Price per m²
€1,500 / m²

Ocaña, Ocaña