Active
ID: 110133128
Casco Histórico
Flat / apartment for sale in Calle San Fernando
6 Bed • 6 Bath • 164 m² • Floor 3
€590,000
AI Analyst
Holiday Rental"Centrally located 6-bedroom, 6-bath apartment in Casco Histórico with pension license offers strong tourist rental potential. Large 164 m² footprint, terrace, elevator, and renovation opportunity in a high-demand area near major attractions."
Negotiation
Leverage
Balanced
Value Add
Full interior renovation to modern tourist standards
Pros
- •Prime location near Esplanade and City Hall
- •Pension license enables legal short-term rentals
- •Large size and multiple bathrooms ideal for group stays
Cons
- •Requires significant renovation investment
- •Potential regulatory risks for tourist rentals
- •High upfront capital outlay limits yield until stabilized
Description
SUPER WELL LOCATED, next to the Esplanade and the City Hall, apartment ready for renovation, 6 bedrooms and 6 bathrooms with PENSION LICENSE. 164 m2, high yield for tourist management.
Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price
€590,000
+ Fees & Taxes
+ €67,953
Taxes (ITP 10%)
+ €59,000
Notary Fees
+ €4,956
Registry Fees
+ €1,888
Gestoría Fees
+ €1,770
Valuation + Other
+ €339
Total Investment
€657,953
Est. Monthly Rent
€2,621/mo
Est. Annual Rent
€31,457/yr
Est. Yield
4.78%
Low
(14 Comps)
Days on Market
124
First seen
2025-12-15