3 bedrooms apartment in Oviedo, Asturias, Spain

Property Description The property, located in Oviedo, Asturias, is a spacious and sunny apartment with a south-facing orientation, making it an ideal investment for those looking for both potential returns and a comfortable lifestyle. With a total area of 95 m2, this apartment offers three good-sized bedrooms and a spacious living room with access to a balcony. There is also an ample kitchen and two complete bathrooms, one with a bathtub and the other with a shower tray. The apartment features central heating and an individual meter, as well as a communal fee of 147.92 EUR. The property includes a parking space and is priced at 120,000€. Real Estate Investment * Potential Rental Income: As a real estate investment, the property's potential rental income is a significant factor to consider. In Oviedo, the average rent for a 3-bedroom apartment is around 1,000 EUR per month. With an estimated monthly mortgage payment of 1,200 EUR (based on a 30-year loan at a 2.5% interest rate), the cash-on-cash return would be around 7.5% annually. * Capital Appreciation: Investing in property in Oviedo can be lucrative, as the city is experiencing positive demographic and economic shifts. Asturias' capital has been attracting more investment and tourists, increasing the demand for high-quality accommodation and potentially boosting property values in the medium and long term. Lifestyle Purchase * Location: Located in the high-demand area of Buenavista, close to the universities and the city center, this apartment would be perfect for students, working professionals, or families looking for easy access to both academics and recreational activities. The convenient location makes it an attractive option for those who want a comfortable and well-connected lifestyle. * Property Features