Flat / apartment for sale in Mercado
6 Bed • 4 Bath • 242 m² • Floor 5
€565,000
AI Analyst
Coliving"Spacious 242 m² six-bedroom flat in Mercado’s historic center offers rare scale and flexibility, with strong natural light, modern building amenities, and significant value-add potential through renovation or reconfiguration."
Pros
- •Large floor area and six bedrooms enable flexible use or coliving conversion
- •Prime central location with excellent access to amenities and transport
- •Well-maintained building with renovated entrance and dual elevators
Cons
- •Original condition requires significant capital expenditure for modernization
- •Estimated rent yields are low relative to asking price, limiting traditional rental returns
- •Optional parking is offsite and incurs additional cost, reducing convenience
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.