Active ID: 110806189 Mercado

Flat / apartment for sale in Calle Berenguer de Marquina

3 Bed • 2 Bath • 145 m² • Floor 2

€375,000

AI Analyst
Long-term Rental

"Spacious 145 m² apartment in Mercado with terrace, parking, and elevator offers strong value-add potential through renovation, making it attractive for investors seeking to reposition a well-located asset in a desirable urban area."

Negotiation Leverage Balanced
Value Add Full interior renovation (kitchen, bathrooms, flooring, finishes) to modern standards
Pros
  • Large floor area (145 m²) allows for flexible layouts and higher rental yields
  • Includes terrace, parking, and elevator—rare combination in urban apartments
  • Strong natural light and exterior orientation enhance tenant appeal
Cons
  • Requires significant renovation, increasing upfront capital outlay
  • Current rent estimate suggests modest yield relative to acquisition and renovation costs
  • Potential market uncertainty due to lack of detailed local context or recent comparables
Description

Discover this spacious 145 m² apartment for sale, ideal for those seeking a renovation project. With 3 bedrooms and 2 bathrooms, it offers generous and versatile space. Located in an exterior area, you will enjoy good natural light. The apartment features a perfect terrace for relaxing and a practical elevator for your convenience. Additionally, it includes a parking space and gas heating, providing functionality and comfort. Although it requires renovation, it is a unique opportunity to personalize every corner to your liking. Contact us for more information!

Features
Elevator
Terrace/Balcony
Air Conditioning
Parking
Exterior
Investment Summary
Purchase Price €375,000
Taxes (ITP 10%) + €37,500
Notary Fees + €3,150
Registry Fees + €1,200
Gestoría Fees + €1,125
Valuation + Other + €339

Total Investment €418,314
Est. Monthly Rent €1,311/mo
Est. Annual Rent €15,738/yr

Est. Yield 3.76%
Days on Market
11
First seen
2026-03-05
View on Idealista