Active ID: 109967449 Mercado

Flat / apartment for sale in Mercado

4 Bed • 2 Bath • 114 m² • Floor 4

€329,000

AI Analyst
Long-term Rental

"Fully renovated 4-bedroom apartment in Mercado with modern finishes, abundant natural light, and included garage/storage offers strong rental appeal and minimal immediate capex, ideal for investors seeking stable returns in a prime location."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Fully renovated, move-in ready condition minimizes upfront costs
  • Prime location near Plaza de los Franciscanos and major avenues enhances tenant demand
  • Includes garage and storage, rare value-adds in urban apartments
Cons
  • Rental yield is moderate given current price and estimated rent
  • Market context unavailable, limiting assessment of local supply/demand dynamics
  • Four-bedroom units may have narrower tenant pool compared to smaller flats
Description

Superb and spacious property with highly sought-after features, located next to Plaza de los Franciscanos and a few meters from Avenida Benito Pérez Galdós. It is a completely renovated, bright, and functional home. It has four bedrooms, all doubles, a cozy and spacious, very bright living-dining room, a very well-equipped kitchen open to the living room, and two full bathrooms. The apartment has laminate and stoneware floors, white lacquered interior doors, aluminum exterior carpentry with Climalit, centralized air conditioning, and a reinforced access door. A garage space with a storage room in the same building is included in the sale price.

Features
Elevator
Terrace/Balcony
Air Conditioning
Parking
Exterior
Investment Summary
Purchase Price €329,000
Taxes (ITP 10%) + €32,900
Notary Fees + €2,764
Registry Fees + €1,053
Gestoría Fees + €987
Valuation + Other + €339

Total Investment €367,042
Est. Monthly Rent €1,210/mo
Est. Annual Rent €14,520/yr

Est. Yield 3.96%
Days on Market
141
First seen
2025-11-27
View on Idealista