Flat / apartment for sale in Mercado
6 Bed • 4 Bath • 242 m² • Floor 5
AI Analyst
Coliving"Spacious 242 m² six-bedroom apartment in Mercado’s historic center offers rare scale and flexibility, with strong natural light, modern building amenities, and significant upside through renovation or repositioning."
Pros
- •Large floor area with six bedrooms ideal for coliving or multi-tenant rental
- •Prime central location with excellent access to amenities and transport
- •Well-maintained building with renovated entrance and dual elevators
Cons
- •Low gross yield (~3.6%) in current state limits traditional rental appeal
- •Significant capital expenditure required for modernization
- •Optional parking is offsite and adds to acquisition cost
Description
"NO COMMISSION CHARGED TO THE BUYER" This very spacious stately home is a unique opportunity in the heart of the city's traditional center. Preserved in its original state and very well maintained, it occupies a built area of 242 m2, offering ample possibilities to personalize a new project. The property currently has six bedrooms and four bathrooms, as well as a fully equipped, independent eat-in kitchen. The bright living-dining room stands out for its two front balconies that provide natural light. Furthermore, it offers multiple options for updating. It is important to highlight that this is an excellent building equipped with a renovated entrance hall and access via two elevators. Optional three garage spaces in an adjacent building for €30,000 each. Its privileged location allows for full enjoyment of all nearby services: local shops, emblematic restaurants, and easy access to public transport.