Delisted ID: 109197579 Centro Tradicional

Penthouse for sale in Centro Tradicional

5 Bed • 6 Bath • 243 m² • Floor 6

€1,650,000

AI Analyst
Long-term Rental

"Prime penthouse in Centro Tradicional offering 243 sqm of luxury living, expansive terraces, and solarium in a historic building—ideal for high-end tenants or discerning owner-occupiers seeking exclusivity and outdoor space."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms to maximize rental yield and tenant appeal
Pros
  • Prestigious central location with historic character
  • Large terraces and solarium enhance lifestyle and rental value
  • Elevator and exterior orientation increase accessibility and desirability
Cons
  • High acquisition price limits yield (estimated gross yield ~1.6%)
  • Potential legal or documentation uncertainties per listing disclaimer
  • Possible need for interior modernization to meet luxury rental standards
Description

Luxurious, comfortable and spacious, with fantastic terraces perfect for enjoying outdoor gatherings, it also has a solarium with spaces adapted for your comfort. Don't miss this opportunity to live in a historic building. This advertisement may contain errors. The information is shown for informational purposes only, not contractually binding Singular Properties. Both the data, images and plans may be subject to change, so we invite you to, if you need more accurate and detailed information, check data, as well as the legal situation of the properties, contact us and we will assist you as soon as possible. Notary, Registry and Taxes not included in the published price. [IW].

Features
Elevator
Terrace/Balcony
Air Conditioning
Parking
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €1,650,000
Taxes (ITP 10%) + €165,000
Notary Fees + €13,860
Registry Fees + €5,280
Gestoría Fees + €4,950
Valuation + Other + €339

Total Investment €1,839,429
Est. Monthly Rent €2,317/mo
Est. Annual Rent €27,800/yr

Est. Yield 1.51%
Days on Market
62
First seen
2025-10-08
View on Idealista