Active ID: 110793841 Mercado

Flat / apartment for sale in Mercado

3 Bed • 1 Bath • 72 m² • Floor 1

€310,000

AI Analyst
Long-term Rental

"Renovated 3-room apartment in Mercado offers high ceilings, abundant natural light, and preserved period features, making it an attractive turnkey asset in a vibrant, central location with strong rental demand."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Fully renovated kitchen and bathroom, minimizing immediate capex
  • Prime location near Central Market ensures strong tenant demand
  • Original hydraulic floors and high ceilings add character and marketability
Cons
  • First floor without elevator may limit appeal to some tenants
  • Price per sqm is relatively high for the area, compressing yield
  • No terrace or exterior space despite listing features, limiting premium rental potential
Description

Charming apartment located in the Market area Today we present this home that has that perfect balance between the classic character of high ceilings and the absolute comfort of a modern renovation. A haven of light and style next to the Market. If you are looking for a home that combines charm with comfort and is located just a few steps from the Central Market, this property stands out for its exceptional luminosity thanks to its excellent orientation, which guarantees direct sun and clarity for a large part of the day. Located on the first floor WITHOUT an elevator, in a quiet building with few neighbors. What makes this home unique: Its high ceilings not only add elegance but also multiply the feeling of space and freedom in each room. The kitchen and bathroom have been completely renovated. The doors, skirting boards, main door, etc. The original hydraulic floor has been preserved, which adds a touch of elegance to the entire home. The home has new tilt-and-turn windows, ideal for safe ventilation and maintaining perfect insulation from the outside. Living near the market is synonymous with quality of life: fresh products every morning, the best gastronomic offer around the corner, and the vibrant energy of a traditional area, but with the peace of a perfectly insulated home. In summary: A home with "soul, " ready to move into, where natural light is the true protagonist. We invite you to visit this home that could be yours. The published price DOES NOT INCLUDE the following taxes and expenses, which WILL BE BORNE BY THE BUYER: – Property Transfer Tax (ITP): generally, 10%, calculated on the higher value between the sale price and the cadastral reference value (if it is higher). In cases where reduced ITP rates may apply, these will be applied in accordance with current regional regulations. – Notary fees corresponding to the deed of sale and its simple copies. (Estimated amount: between €900 and €1,000. (You can request a quote from your trusted notary). – Property registry fees (estimated amount: between €300 and €500). – Management fees (estimated amount: €300-€400). - Real estate professional fees: Will be borne by the seller.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €310,000
Taxes (ITP 10%) + €31,000
Notary Fees + €2,604
Registry Fees + €992
Gestoría Fees + €930
Valuation + Other + €339

Total Investment €345,865
Est. Monthly Rent €1,078/mo
Est. Annual Rent €12,937/yr

Est. Yield 3.74%
Days on Market
11
First seen
2026-03-05
View on Idealista