Flat / apartment for sale in Mercado
2 Bed • 2 Bath • 68 m² • Floor 1
AI Analyst
Long-term Rental"Fully renovated 2-bedroom apartment in Mercado offers modern interiors and dual balconies, maximizing rental appeal in a central, well-serviced location. Efficient layout and contemporary finishes enhance value, though lack of elevator may limit some tenant segments."
Pros
- •Fully renovated, move-in ready condition reduces upfront capex
- •Central location near transport and amenities supports strong rental demand
- •Efficient 2-bed, 2-bath layout with dual balconies increases tenant appeal
Cons
- •First floor in a building without elevator may deter some renters
- •Rental yield (~3%) is moderate for the area, limiting upside
- •Traditional building may have higher ongoing maintenance costs
Description
Wonderful completely renovated home located in the Carolinas Bajas neighborhood, next to Avenida del Poeta Carmelo Carlo and Plaza de España. It is a renovated apartment combining modernity and functionality, maintaining its traditional essence. With a constructed area of 68 m2 and a usable area of 60 m2, it is efficiently distributed into two spacious double bedrooms and two stylishly designed contemporary bathrooms. It has a wonderful living-dining room with a front balcony, an equipped open-plan kitchen to the living room, as well as a pleasant rear balcony. Very well-maintained traditional building surrounded by multiple services, with all means of transport. It is a first floor in a building without an elevator.