Active ID: 110278664 Casco Hist├│rico

Flat / apartment for sale in Casco Histórico-Santa Cruz

2 Bed • 1 Bath • 83 m² • Floor 3

€339,000

↓ 14.2% from €395,000
€339,000 2026-05-19
€395,000 2026-01-14
AI Analyst
Long-term Rental

"Historic 2-bedroom apartment in Casco Histórico offers original architectural features, high ceilings, and partial sea views. Approved elevator installation and communal rooftop terrace enhance long-term value and tenant appeal in a prime old-town location."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms to increase rental yield
Pros
  • Prime historic location with strong demand
  • Approved elevator installation adds future value
  • Attractive original features and communal rooftop terrace
Cons
  • No private terrace or balcony
  • Currently no elevator (pending installation)
  • Rental yield below 4% at asking price
Description

Charming historic apartment on Villavieja Street with sea views and communal terrace Located on one of the city’s most characterful streets, this charming apartment on Villavieja Street stands out for its historic charm and unique architectural features. The property offers high ceilings with original wooden beams and an open-plan layout that provides a bright, spacious, and welcoming atmosphere. The apartment enjoys pleasant partial sea views, while the building features a communal rooftop terrace with stunning panoramic views of the sea and the city, perfect for relaxing and enjoying the surroundings. The building retains beautiful original details and has significant historical character. Although there is currently no elevator, its installation has already been approved, representing a valuable future improvement. A unique opportunity for those seeking a distinctive home with character, history, and an excellent location, whether as a primary residence, or second home. [IW].

Features
Elevator
Air Conditioning
Exterior
Investment Summary
Purchase Price €339,000
Taxes (ITP 10%) + €33,900
Notary Fees + €2,848
Registry Fees + €1,085
Gestoría Fees + €1,017
Valuation + Other + €339

Total Investment €378,188
Est. Monthly Rent €1,313/mo
Est. Annual Rent €15,754/yr

Est. Yield 3.58%
Days on Market
225
First seen
2026-01-14
View on Idealista