
Almozara, Zaragoza, ZARAGOZA, Zaragoza, ZARAGOZA
Almozara, Zaragoza, ZARAGOZA, Zaragoza, ZARAGOZA
€80,000
It is a 4th floor without elevator. It has 50 square meters. The bathroom needs a new shower tray and the kitchen is begging for an update. If you keep reading, it's because you have a good eye and know there is a business opportunity or a brutal opportunity for your first home here. With these 50 square meters you have two very clear paths: Option 1: You are an investor and want pure profitability. The layout allows you to create three bedrooms (two very large and one standard). In this area, you can rent each one for about €400 per month. Take the calculator and work out your own numbers for what monthly return you will get. Option 2: You are looking for your first home in a neighborhood you like. You like La Almozara, but renovated apartments are out of your price range. Here, with an investment of approximately €30,000, you can turn the apartment inside out. You will end up with a huge living-dining room, bathed in natural light thanks to its two large windows, two bedrooms, and a completely new bathroom. You don't need to imagine it blindly. Take a look at the images in the ad. That is exactly what the apartment will look like once the renovation is completed. The numbers add up for renting and the potential is enormous for living. If you are clear about which of the two options you are, contact me. The property is sold with the rental contract. About the current situation (the hidden advantage): The apartment is currently rented under an old contract (from May 2017), paying a rent of only €200 per month. Don't worry, I know those numbers don't work for you. But here's the key: since it is a contract governed by the 2013 law and has already exceeded its legal extensions, the buyer holds all the cards. The law protects the new owner. It doesn't matter if you buy to live or to invest and rent out the rooms. Upon acquiring the property, the regulations allow you to terminate the current rental contract. You just need to notify the tenants of the purchase and give them the legal notice of 3 months for them to vacate the property. You buy, notify, wait three months, and you have the apartment free to maximize your investment or start your renovation. Contact me and I will detail this process with complete transparency so you can do it with all legal guarantees. If you are clear about which of the two options you are, contact me. Samuel Martínez Real Estate In compliance with current regulations, it is reported that the indicated sale price does not include taxes arising from the purchase (ITP) or expenses derived from the sale transaction, nor notary and property registration fees. The Energy Efficiency Certificate (CEE) is pending.
