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-add potential for investors seeking stable returns."

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 updates to maximize value
  • Limited information on building condition or 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 €1,183/mo
Est. Annual Rent €14,193/yr

Est. Yield 4.54%
Days on Market
9
First seen
2026-03-07
View on Idealista