Calle de la Garganta de Aísa Apartment Building $808,267 Puente de Vallecas, Madrid 28038

Sale of a residential building with 3 rented apartments in Puente de Vallecas, offering immediate profitability.
Excellent investment opportunity in a building constructed in 2010, featuring three apartments, all currently rented and generating over €2,000 in monthly income (more than €24,400 annually) from day one. This is an ideal product for investors seeking immediate returns without the need for renovations or marketing efforts: active lease agreements, established tenants, and a recently built property located in one of Madrid's most in-demand rental areas.
The property, built in 2010, is in excellent condition and consists of three independent apartments:
- Ground floor duplex of 75 m² distributed across two levels (29 m² + 46 m²), with 3 bedrooms and 2 bathrooms. Rented for €797.02/month, with a lease valid until July 2029.
- Second floor: studio apartment of 46 m². Rented for €660.32/month, with a lease valid until September 2027.
- Penthouse of 33 m² with a private terrace. Rented for €580.00/month, with a lease valid until November 2032.
Current total rental income: €2,037.34/month (€24,448 annually).
Since the building was constructed in 2010, it does not require investment in renovations or updates, resulting in low maintenance costs and highly attractive net profitability. The area ensures strong rental demand.
The property is located in the Puente de Vallecas district, one of Madrid's areas with the highest rental demand, ensuring virtually guaranteed long-term occupancy.
The neighborhood is fully developed, offering all essential services within walking distance: local shops, supermarkets, pharmacies, schools, health centers, and large green spaces nearby. Connectivity with the rest of the city is excellent, with Metro Line 1 stations just a few meters away, numerous urban bus lines, and quick access by car to the M-30 and M-40 highways, allowing for easy connection to Madrid's city center in just minutes.
This combination of connectivity, services, and affordable rental prices makes the district a highly dynamic market with low tenant turnover and a clear upward trend in rental rates.