Flat in CL Sierra De Alcaraz

About this property

Housing for sale at C/ Sierra de Alcaraz 11 (San Diego – Puente de Vallecas, Madrid), ideal for investors seeking immediate profitability and short-term improvement potential. The property is currently rented for €720 per month, with a contract valid until the end of this year. The tenant plans to vacate the property at that time. Rental update potential: According to current demand in the area, the property could be marketed between €1,100 and €1,200 per month. Returns: Current gross return (€720): 5.57% Estimated future gross return (€1,200): 9.29% ? Expenses: Annual IBI (Property Tax): €146.06 Annual waste collection fee: €47.65 Community fees: €70 per month An excellent opportunity to acquire a property with guaranteed rent until the end of the year and clear subsequent profitability improvement. Viewings only in the afternoons from 5:00 PM onwards, coordinated with the tenant. To arrange a viewing, please write only through the Idealista chat.

Listed by SMARTRENT SOLUTIONS S.L. · first seen 2026-03-11

What's included

• exterior