Active
ID: 104175011
Casco Histórico
Flat / apartment for sale in Casco Histórico-Santa Cruz
2 Bed • 1 Bath • 75 m² • Floor 2
€360,000
AI Analyst
Holiday Rental"Turnkey 2-bedroom apartment in Casco Histórico with tourist license, strong vacation rental history, and proximity to the beach offers immediate income and minimal capex requirements."
Negotiation
Leverage
Balanced
Value Add
None - Turnkey
Pros
- •Tourist license and proven short-term rental income (~€30,000/year)
- •Fully furnished and recently renovated (less than 1 year old)
- •Prime location: city center, steps from the beach
Cons
- •Holiday rental regulations may tighten, impacting future income
- •Premium pricing limits yield upside and negotiation room
- •Limited size (75m²) restricts alternative use or expansion
Description
The apartment has a tourist license, is listed on Airbnb and Booking. com, has a very high rating and works very well. This apartment is a very good investment, just steps from the beach in the middle of the city center, complete furniture included, all new less than a year old, 2 full bedrooms, 1 bathroom, living-dining room with sofa bed, fully equipped kitchen. VACATION RENTAL INCOME OF APPROX. €30,000/year.
Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price
€360,000
+ Fees & Taxes
+ €41,595
Taxes (ITP 10%)
+ €36,000
Notary Fees
+ €3,024
Registry Fees
+ €1,152
Gestoría Fees
+ €1,080
Valuation + Other
+ €339
Total Investment
€401,595
Est. Monthly Rent
€1,133/mo
Est. Annual Rent
€13,592/yr
Est. Yield
3.38%
High
(17 Comps)
Days on Market
119
First seen
2025-12-16