Active ID: 109564521 Centro Tradicional

Flat / apartment for sale in Calle Navas

2 Bed • 2 Bath • 95 m² • Floor 1

€395,000

↓ 7.1% from €425,000
€395,000 2026-05-04
€425,000 2025-10-14
AI Analyst
Long-term Rental

"Fully renovated 2-bedroom flat in a historic 1964 building on Plaza Nueva, Centro-Tradicional. Modern-industrial finishes, abundant natural light, and unique architectural features offer strong appeal for discerning tenants or owner-occupiers."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Prime central location with historic character
  • Fully renovated in 2025, move-in ready
  • High-end finishes and unique design elements
Cons
  • Gross rental yield below 4%, limiting cash flow
  • No terrace or outdoor space
  • First floor location may limit premium rental potential
Description

The Art of Living in a Unique Space Located in the iconic Plaza Nueva, within a fully restored historic building from 1964, this unique property redefines the concept of home. Its 95 square meters of built area and 80 square meters of usable space combine history, design, and light in every corner. As soon as you step through the door, you are embraced into an open space where the living room and kitchen blend into a warm and sophisticated atmosphere. Natural light floods in through the four large corner windows, creating a vibrant and welcoming environment. The modern-industrial kitchen with steel finishes is fully equipped for those who value both aesthetics and functionality. The sleeping area offers two double bedrooms with built-in wardrobes and en-suite bathrooms with showers, designed for comfort and privacy. Everything was lovingly renovated in 2025, respecting the building's original essence and enhancing its character with unique elements: high ceilings with exposed beams, wooden floors that provide warmth, and the castle rock integrated into the living room walls, a nod to the city's history. The home is sold fully furnished, ready to move in. Although there is no elevator, it is located on a comfortable, easily accessible first floor. Living here is not just about inhabiting a space: it's about being part of history, enjoying the design, and feeling every day that you're in the right place.

Features
Elevator
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €395,000
Taxes (ITP 10%) + €39,500
Notary Fees + €3,318
Registry Fees + €1,264
Gestoría Fees + €1,185
Valuation + Other + €339

Total Investment €440,606
Est. Monthly Rent €1,245/mo
Est. Annual Rent €14,939/yr

Est. Yield 3.15%
Days on Market
239
First seen
2025-10-14
View on Idealista