IdealistaFor sale21 photos

Flat / apartment in Almozara, Zaragoza

Almozara · Zaragoza · Zaragoza

by eXp Realty España· via IdealistaPosted today21 photosVerify on Idealista

About this property

It's a 4th floor without an elevator. It has 50 square meters. The bathroom needs a new shower tray and the kitchen is asking for an update. If you keep reading, it's because you have a good eye and know that there's business here or a brutal opportunity for your first home. With these 50 meters, you have two very clear paths: Option 1: You are an investor and want pure profitability. The layout allows for three rooms (two very large and one standard). In this area, you can rent each one for about €400 per month. Grab a calculator and do your own numbers on what your monthly return will be. 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, for an approximate investment of €30,000, you can turn the apartment upside down. You'll have 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 ad's images. That's exactly what the apartment will look like once the renovation is done. 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 a tenant. About the current situation (the hidden advantage): The apartment is currently rented with an old contract (from May 2017), paying a rent of just €200 per month. Don't worry, I know those numbers aren't useful to you. But here's the key: since it's a contract governed by the 2013 law and its legal extensions have already passed, the buyer has the upper hand. The law protects the new owner. It doesn't matter if you buy to live there 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 3-month notice to vacate the property. You buy, you notify, you 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, we inform you that the indicated sale price does not include the taxes derived from the purchase (ITP) or expenses derived from the sale, nor the notary and property registry fees. The Energy Efficiency Certificate (CEE) is in process.