Calle de la Garganta de Aísa Apartment Building $799,242 Puente de Vallecas, Madrid 28038

Sale of a residential building with 3 rented units in Puente de Vallecas, offering immediate profitability.
Excellent investment opportunity in a building constructed in 2010, featuring three rental units that generate 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: existing lease agreements, established tenants, and a recently built property in one of Madrid's most in-demand rental areas.
The property, built in 2010, is in excellent condition and consists of three independent units:
- **Ground-floor duplex**: 75 m² distributed over 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**: 46 m². Rented for €660.32/month, with a lease valid until September 2027.
- **Penthouse**: 33 m² with a private terrace. Rented for €580.00/month, with a lease valid until November 2032.
**Total current rental income**: €2,037.34/month (€24,448 annually).
As the building was constructed in 2010, it does not require any rehabilitation or updates, resulting in low maintenance costs and a very attractive net return. 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 near-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 steps away, numerous urban bus lines, and quick access to the M-30 and M-40 highways, allowing for a short commute to Madrid's city center.
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.