Active
ID: 109053351
Mercado
Flat / apartment for sale in Mercado
3 Bed • 1 Bath • 93 m² • Floor 4
AI Analyst
Long-term Rental"Well-located 3-bedroom flat in Mercado with terrace and elevator offers solid rental yield potential and attractive amenities for urban tenants, making it a compelling asset for long-term investors seeking stable cash flow."
Negotiation
Leverage
Balanced
Value Add
Modernize kitchen and bathrooms to increase rental appeal
Pros
- •Prime Mercado location with strong tenant demand
- •Terrace and exterior orientation enhance livability
- •Elevator access broadens tenant pool
Cons
- •No parking included, limiting appeal to some tenants
- •Potential need for interior modernization
- •Limited information on building condition or community fees
Description
None
Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price
€269,000
+ Fees & Taxes
+ €31,166
Taxes (ITP 10%)
+ €26,900
Notary Fees
+ €2,260
Registry Fees
+ €861
Gestoría Fees
+ €807
Valuation + Other
+ €339
Total Investment
€300,166
Est. Monthly Rent
€1,207/mo
Est. Annual Rent
€14,487/yr
Est. Yield
4.83%
High
(90 Comps)
Days on Market
439
First seen
2025-09-01