Apartment for rent in Monte Belo Norte | 1.200€/month | Investment with Immediate Income in Setúbal

Apartment located in Monte Belo Norte, in Setúbal, a consolidated residential area with high demand in the rental market.

This property represents an excellent investment opportunity, and is currently rented and generating a monthly income of €1,200, which allows the new owner to obtain an immediate return, with an active contract, ensuring continuity of income.

From a financial point of view, the asset has a gross return of approximately 4.43% and a net return that can reach around 3.7%, depending on the applicable tax framework.

The associated charges are controlled, with a condominium value of around €36/month and an annual IMI of €313.29, contributing to the stability of the investment.

In addition, the lease contract completes one year in October, allowing the rent to be updated according to the legal coefficients, which represents an opportunity to improve income in the short term.

The location is one of the strengths of this property: Monte Belo Norte offers proximity to commerce, services, schools and good road access, ensuring convenience in everyday life and strong attractiveness for the rental market.

It is an asset already validated by the market, ideal for investors looking for security, predictability, and potential for appreciation.

A solid opportunity for those who want to invest in real estate with immediate return and controlled risk.
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