Delisted
ID: 109868368
Mercado
Flat / apartment for sale in Mercado
2 Bed • 1 Bath • 75 m²
AI Analyst
Long-term Rental"Recently reformed 2-bedroom, 1-bathroom mezzanine flat in Mercado offers a modernized interior, efficient layout, and strong rental demand potential in a central urban location, making it attractive for stable long-term income."
Negotiation
Leverage
Balanced
Value Add
Minor cosmetic upgrades or furnishing for higher rental yield
Pros
- •Fully reformed, minimizing immediate capex needs
- •Central Mercado location with strong rental demand
- •Efficient 2-bedroom layout suitable for professionals or sharers
Cons
- •No exterior windows or terrace, limiting natural light and appeal
- •Over 50 years old, potential for hidden structural issues
- •Electric heating may result in higher utility costs
Description
Floor mezzanine, flat total surface area 75 m², usable floor area 75 m², double bedrooms: 2, 1 bathrooms, air conditioning (hot and cold), age over 50 years, heating (electric), ext. woodwork (aluminum), kitchen, state of repair: reformed, neighbours per floor: 1, facing south, double glazing, inner courtyard.
Features
Elevator
Air Conditioning
Investment Summary
Purchase Price
€224,900
+ Fees & Taxes
+ €26,112
Taxes (ITP 10%)
+ €22,490
Notary Fees
+ €1,889
Registry Fees
+ €720
Gestoría Fees
+ €675
Valuation + Other
+ €339
Total Investment
€251,012
Est. Monthly Rent
€1,122/mo
Est. Annual Rent
€13,469/yr
Est. Yield
5.37%
High
(47 Comps)
Days on Market
110
First seen
2025-11-19