Active ID: 110811354 Mercado

Flat / apartment for sale in Calle Pintor Velazquez, 12

4 Bed • 2 Bath • 116 m² • Floor 1

€280,000

AI Analyst
Long-term Rental

"Spacious 4-bedroom apartment in the sought-after Mercado area, featuring a terrace, elevator, and exterior orientation. Offers solid rental demand and value retention due to its central location and desirable amenities."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms to increase rental yield
Pros
  • Prime Mercado location with strong rental demand
  • Large 116 m² layout suitable for families or sharers
  • Desirable features: terrace, elevator, exterior orientation
Cons
  • Rental yield is moderate relative to purchase price
  • Potential need for interior modernization
  • Limited information on building condition and community fees
Description

None

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €280,000
Taxes (ITP 10%) + €28,000
Notary Fees + €2,352
Registry Fees + €896
Gestoría Fees + €840
Valuation + Other + €339

Total Investment €312,427
Est. Monthly Rent €1,184/mo
Est. Annual Rent €14,204/yr

Est. Yield 4.55%
Days on Market
54
First seen
2026-03-07
View on Idealista