Millas downtown building 207 m²

Investment property in Millas

Ideal Investment located in the city center of Millas, this building dating from 1900 offers investment potential. This complex includes seven housing units and two businesses, guaranteeing stable rental income after work to bring it up to standard. The sale is made as is, which allows you to adapt the spaces to your needs and optimize profitability.
The property is well exposed and is only a 4 minute cycle or drive from the college and a 12 minute walk, which is a major asset for any families living nearby.
Local shops add to the convenience and comfort of living in this lively area of Millas. Currently, the rental stock includes four apartments and a commercial lease, already providing a basis for investment.
Individual electric heating ensures optimal control of energy costs for each dwelling. Although work is to be expected, it will significantly increase the potential of this property. Financial Points: Sale price: €235,000 - Annual property taxes: €6,968 An excellent investment not to be missed for those looking to develop a profitable property portfolio in Millas.Investment Building in Millas –