Active ID: 109052747 Casco Histórico

Flat / apartment for sale in Calle de Cisneros

1 Bed • 1 Bath • 42 m² • Floor 1

€189,000

AI Analyst
Holiday Rental

"Renovated 1-bedroom apartment in the historic center with exposed beams and terrace, currently operating as a high-occupancy tourist rental, offers immediate cash flow and strong appeal for both short- and medium-term tenants."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Prime location in sought-after historic center
  • Fully renovated and ready for immediate rental income
  • Proven high occupancy as a tourist apartment
Cons
  • Small size limits tenant profile and long-term rental upside
  • Potential regulatory risks for short-term rentals in historic areas
  • Premium pricing may limit capital appreciation potential
Description

Attention investors: this property has all the ingredients to become your next high-yield real estate opportunity. It is a 1-bedroom home, renovated and with a special charm thanks to its exposed wooden beams, located in the heart of the Old Town, one of the most sought-after areas by tourists and visitors. It currently operates as a tourist apartment with a high occupancy rate, guaranteeing immediate and sustained profitability over time. Renovated, ready to continue operating without the need for additional investment. Strategic location: historic center, vibrant atmosphere, and a few minutes from the sea. Proven high demand for tourist rentals. Also ideal for medium-to-long-term rentals thanks to its location. An exclusive opportunity to acquire a property that combines charm, location, and profitability. NOTE: For properties for sale, the advertised sale price does not include PROPERTY TRANSFER TAX, NOR NOTARY AND REGISTRY FEES.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €189,000
Taxes (ITP 10%) + €18,900
Notary Fees + €1,588
Registry Fees + €605
Gestoría Fees + €567
Valuation + Other + €339

Total Investment €210,998
Est. Monthly Rent €894/mo
Est. Annual Rent €10,725/yr

Est. Yield 5.08%
Days on Market
20
First seen
2026-02-11
View on Idealista