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Fortaleza 20 small studios of 20m² on 2 floors

reference : 2685            Price : 305000 €

Product Type: Residential building one floor.

Land area: 640m2

Built area: 430m2

Details: 10 small flats on the ground floor

10 small flats on the first floor.

Each small flat is identical with a living space plus a shower-toilet.

The area of ​​small flats is identical or 20m²

Reserve with a local dry cleaner

A 25sqm courtyard for motorcycle parking

Product Type: Residential building one floor.

Land area: 640m2

Built area: 430m2

Net selling price negotiable: 1,100,000.00 RS is 305,000.00 Euros at the current rate. (Value lower than the market.)
Estimated value: 1,500,000.00 RS
The small studios are all currently leased to RS 400.00 per month, electricity costs are taken into account by the tenants.

 Current rents received: 8,000.00 RS / RS 96,000.00 or monthly / yearly
Rental yield: 8.7%
Current lease prices are low relative to the market.

You can increase the rent by $ 50R studette is R $ 450. The rental income then goes to 9.8%.

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