Active
ID: 100153739
Centro Tradicional
Flat / apartment for sale in Rambla Méndez Núñez, 11
4 Bed • 2 Bath • 160 m² • Floor 3
€565,000
AI Analyst
Long-term Rental"Spacious 160m² apartment in a prime Centro-Tradicional location with 3.5m ceilings and historic charm, offering strong appeal for tenants seeking character and centrality. Listed status enhances prestige but may limit renovation flexibility."
Negotiation
Leverage
Balanced
Value Add
Modernize kitchen and bathrooms, optimize layout for premium rental
Pros
- •Prime central location with high tenant demand
- •Large floor area and high ceilings enhance desirability
- •Listed property status adds prestige and potential value retention
Cons
- •Listed status may restrict renovations or increase costs
- •No terrace limits outdoor space appeal
- •Gross rental yield (~4.3%) is moderate for the price point
Description
Apartment in Rambla Méndez Nuñez with Gerona street. 3.5 meter ceilings in a listed property.
Features
Elevator
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price
€565,000
+ Fees & Taxes
+ €65,088
Taxes (ITP 10%)
+ €56,500
Notary Fees
+ €4,746
Registry Fees
+ €1,808
Gestoría Fees
+ €1,695
Valuation + Other
+ €339
Total Investment
€630,088
Est. Monthly Rent
€2,031/mo
Est. Annual Rent
€24,369/yr
Est. Yield
3.87%
High
(13 Comps)
Days on Market
191
First seen
2025-10-08