FLAT FOR SALE IN THE AVENIDA MENORCA AREA OF MAHON Ref. 1665V - For sale Maó

Description

Investment opportunity in an established, well-connected area with all amenities close at hand.

Apartment for sale in the Avenida Menorca area, situated on the first floor of a quiet residential building with no lift and only a small number of neighbours. The building was constructed approximately 48 years ago.

The property offers a comfortable and practical layout, comprising 3 bedrooms, 1 fully fitted bathroom, a separate kitchen and a spacious, bright living-dining room featuring a bow window, which adds a sense of space and character to the home.

The property also benefits from a utility room and a small internal terrace used as a drying area, providing additional practicality and convenience for everyday living.

Its main appeal lies in its investment potential, as the property is being sold with a tenancy agreement that has been in place since February 2023. This makes it an attractive option for buyers looking to acquire a property that already has a tenant in situ and generates rental income from day one, subject to the terms and conditions of the existing tenancy agreement.

Important: Due to the current circumstances of the property and the fact that it is currently tenanted, viewings are not possible. The purchase is therefore primarily aimed at investors interested in acquiring a property with an existing tenancy agreement in place.

A property offering a practical layout, an established location and investment potential, ideal for those looking to add a residential asset with an existing tenant to their portfolio.