Active
ID: 110423602
Casco Histórico
Flat / apartment for sale in Casco Histórico-Santa Cruz
2 Bed • 1 Bath • 100 m² • Floor 2
€393,000
AI Analyst
Long-term Rental"Recently reformed 2-bedroom, 1-bath flat in Casco Histórico offers 100 m² of usable space, a terrace, and modern amenities, presenting a solid opportunity for stable long-term rental income in a sought-after historic district."
Negotiation
Leverage
Balanced
Value Add
None - Turnkey
Pros
- •Fully reformed, minimizing immediate capex needs
- •Prime location in Casco Histórico, strong rental demand
- •Includes terrace and elevator, enhancing tenant appeal
Cons
- •Interior unit with limited natural light (not exterior)
- •Single bathroom may limit appeal for some tenants
- •Rental yield (~4.1% gross) is moderate for the price point
Description
Floor 2nd, flat total surface area 100 m², usable floor area 100 m², double bedrooms: 2, 1 bathrooms, air conditioning (hot and cold), balcony, state of repair: reformed, floor no. : 1.
Features
Elevator
Terrace/Balcony
Air Conditioning
Investment Summary
Purchase Price
€393,000
+ Fees & Taxes
+ €45,377
Taxes (ITP 10%)
+ €39,300
Notary Fees
+ €3,301
Registry Fees
+ €1,258
Gestoría Fees
+ €1,179
Valuation + Other
+ €339
Total Investment
€438,377
Est. Monthly Rent
€1,355/mo
Est. Annual Rent
€16,255/yr
Est. Yield
3.71%
High
(11 Comps)
Days on Market
35
First seen
2026-01-27