Opportunity for sale in Malvín (ideal for investment)

Very attractive ground-floor apartment for sale, with a unique income opportunity in the heart of Malvín.

On entering, we find the living-dining room, which leads to the kitchen, the private hall leading to the bedrooms and the patio for exclusive use with barbecue.
The kitchen is separate and leads to the guest toilet and the staff bedroom.
The private area has 3 bedrooms: master, second and third bedroom, all sharing one bathroom.

Amenities:

• Staff bedroom
• High-efficiency fireplace
• Air-conditioning units
• Front garden and rear patio with barbecue, for the exclusive use of the unit
• Garage with 10 individual parking spaces for the exclusive use of this unit + large 8 m² storage unit (216 m² in total of parking spaces + storage). Ideal for obtaining diversified income by renting out individual parking spaces.

Everything is currently rented, with total income of 2,440 dollars per month (6.6% yield)

The 6.6% return is competitive for properties in Montevideo, where yields usually range between 4% and 5% per year, depending on the area and type of property.
The possibility of diversifying income by renting out individual parking spaces is a major advantage, as demand for parking in urban areas such as Malvín is high. In addition, the garden, the patio with barbecue and the storage unit add value for both tenants and potential buyers.

Contact us for more information or to arrange a viewing.