The offering consists of three studio apartments located on Via Giuseppe Garibaldi in Manzano. The units are marketed as a single lot for €215,000 and together represent a commercial area of 179 sqm (the commercial area refers to the aggregate surface used for investment calculations). All three
properties are currently leased, which means the buyer inherits a functioning revenue stream from the moment of purchase. This structure is aimed at investors seeking an entry that minimizes start-up friction and accelerates return on capital.
The apartments sit in a small condominium that has recently undergone external renovation, resulting in a tidy façade and lower near-term maintenance needs. The combination of a compact building footprint and updated common areas contributes
to reduced condominium charges and simpler administration. Thanks to the relatively low cadastral values of the units, the acquisition—if registered as a second home—benefits from advantageous fiscal treatment on transfer taxes, an element that improves net cash deployment at closing.
Investment highlights
From a performance perspective, the portfolio is advertised with an expected annual yield of 8%, calculated on current rent contracts. That figure should be validated during the purchaser’s financial review, but it provides
a clear benchmark for comparison with other buy-to-let opportunities. A key operational advantage is the absence of immediate vacancy: all three flats are occupied, which lowers short-term leasing risk and stabilizes projected cash flows. The modest number of units also makes property management straightforward and cost-efficient, ideal for small-scale landlords or portfolio managers seeking scalable rental income without heavy overhead.
Property features and technical specifications
Each unit is configured as a monolocale with an kitchenette area, a layout attractive to students, single professionals, or couples looking for compact rentals. The package includes at least one uncovered parking space and private terrace(s), amenities that help maintain tenant demand. Heating is autonomous methane, allowing occupants to manage consumption individually; here, autonomous heating denotes independent temperature control and billing per apartment. The declared energy performance is class C, indicating reasonable efficiency compared with older stock and supporting lower operating expenses.
Energy performance and building condition
The building’s recent refurbishment reduces the likelihood of immediate extraordinary expenses and can improve thermal performance across units. With the complex rated as energy class C, owners can expect relatively moderate utility usage versus outdated properties, which helps preserve tenant satisfaction and turnover rates. The renovation of common elements plays a role in long-term cost planning: it diminishes the probability of near-term special assessments and aligns with prudent asset management principles, especially for investors focused on predictable outflows and maintenance forecasting.
Practical considerations and next steps
Prospective buyers should plan a standard due diligence process before committing. Recommended checks include verification of lease contracts and rent receipts, review of the condominium minutes and recent invoices tied to the renovation, inspection of technical systems (electrical, plumbing, heating), and confirmation of cadastral data that affects tax calculations. The due diligence phase here ensures that the advertised 8% yield and the statement of continuous rental income align with legal and physical realities. The listing reference for inquiries and to schedule visits is Rif. 235018.
Who should consider this opportunity
This package suits investors seeking an immediate rental portfolio addition with limited management complexity: individuals building a small local rental base, partners expanding a buy-to-let strategy, or investors seeking lower-risk assets with tax efficiencies when declared as a second home. The units’ configuration and amenities make them straightforward to re-let or reposition, offering optional liquidity via resale if strategy shifts. For details, documentation requests, or to arrange a viewing, quote the reference 235018 to access the list of current leases, income statements, and property certifications.