Active ID: 109506551 Mercado

Flat / apartment for sale in Calle Pintor Velazquez

3 Bed • 2 Bath • 83 m² • Floor 2

€320,000

AI Analyst
Long-term Rental

"Well-located, fully furnished 3-bedroom apartment in the Mercado area with stable tenancy until July 2026, offering immediate rental income and modern amenities including air conditioning, balcony, and elevator."

Negotiation Leverage Balanced
Value Add Minor cosmetic upgrades post-lease; otherwise turnkey
Pros
  • Prime location near shops, transport, and park
  • Immediate rental income with tenant in place
  • Modern amenities and furnished, reducing upfront costs
Cons
  • Rental contract limits flexibility until July 2026
  • Gross yield (~4.36%) is moderate for the area
  • Potential for rent below market if lease is long-term
Description

This charming apartment, located in the sought-after Market and Bullring area, offers an excellent opportunity for those seeking a comfortable and modern home. With three spacious bedrooms and two perfectly designed bathrooms. Equipped with air conditioning, it guarantees comfort throughout the year. The property is sold furnished and includes essential appliances that facilitate its immediate habitability. Enjoy also access to an elevator and relax on your private balcony while contemplating the clear views of the nearby park; a unique connection between nature and urbanism just steps from the local shopping center. This property not only stands out for its internal features but also for its strategic location near various services including local shops and public transport. CURRENTLY RENTED UNTIL JULY-2026.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €320,000
Taxes (ITP 10%) + €32,000
Notary Fees + €2,688
Registry Fees + €1,024
Gestoría Fees + €960
Valuation + Other + €339

Total Investment €357,011
Est. Monthly Rent €1,162/mo
Est. Annual Rent €13,948/yr

Est. Yield 3.91%
Days on Market
146
First seen
2025-10-08
View on Idealista