Flat / apartment for sale in Poeta Quintana
6 Bed • 3 Bath • 242 m² • Floor 5
AI Analyst
Long-term Rental"Large 242m² apartment in central Mercado area with panoramic Santa Bárbara Castle views offers significant value-add potential through full renovation, ideal for investors seeking prime location and flexible layout for premium rental or resale."
Pros
- •Prime central location with castle views enhances long-term value and tenant appeal.
- •Large 242m² floorplan with 6 bedrooms allows for flexible configurations (e.g., coliving, premium rental).
- •Abundant natural light, terrace, and elevator access increase desirability.
Cons
- •Requires significant capital expenditure for full renovation before occupancy or rental.
- •Current estimated rent (€1,650/month) yields a low gross yield (~3.6%) unless value-add is realized.
- •Potential over-supply risk in central market if luxury segment is saturated post-renovation.
Description
We present you with a unique opportunity to transform your dreams into reality in the heart of the city. This spacious 242-square-meter house, located in an enviable setting with panoramic views of the majestic Santa Bárbara Castle, is waiting to be renovated and turned into the home of your dreams. With six bedrooms offering endless possibilities, you'll be able to design the perfect space for your lifestyle. Imagine the freedom of creating a luxurious master bedroom with views of the iconic castle, or designing a home study that captures inspiration from the surrounding nature. The large windows that surround the house ensure that natural light floods every corner, creating a feeling of spaciousness and serenity. The location is simply unmatched. From your new home, you will be able to enjoy the historical and cultural beauty of the Castillo de Santa Bárbara, illuminated both day and night. The ever-changing views will provide you with an ever-evolving visual spectacle that will remind you of the city's rich history. Despite the fact that the house requires reforms, this is an advantage in itself. You will be able to design and personalize every detail according to your preferences, from the distribution of the rooms to the choice of materials. Imagine a modern and open kitchen, cozy living rooms and luxurious bathrooms, all adapted to your tastes and needs. In addition, the central location of the property guarantees easy access to a wide range of services and amenities. Shops, restaurants, parks and transport connections are just a step away, allowing you to make the most of urban life. This is your chance to turn a blank space into the home of your dreams. Be part of the reinvention of this storied home and create an enriching life in an environment that pays homage to the past while embracing the future. Come and envision the endless possibilities that await you in this exciting property overlooking the Castle of Santa Barbara! Don't miss your chance to experience this home in person! Call us now, we are KEY COSTA REAL ESTATE and we will be happy to show you everything this home has to offer. *This announcement is merely informative, indicative and non-binding, so it does not imply any contractual information, its use being strictly commercial.