Active
ID: 111394995
Mercado
Flat / apartment for sale in Avenida Alfonso El Sabio, 36
1 Bed • 1 Bath • 44 m² • Floor 2
€540,000
AI Analyst
Avoid"Compact 44 m² apartment in central Avenida Alfonso El Sabio offers a functional layout, exterior orientation, and terrace—appealing to urban professionals seeking tranquility and convenience in the sought-after Mercado area."
Negotiation
Leverage
Balanced
Value Add
Modernize interior finishes to increase rental appeal
Pros
- •Prime central location in Mercado area
- •Exterior unit with terrace and elevator
- •Functional layout for single professionals
Cons
- •Very high price per square meter for size
- •Low gross rental yield (~2.1%)
- •Limited value-add opportunities due to small size
Description
Functional and comfortable apartment, designed for those seeking tranquility. Pleasant spaces and good organization. Ideal for everyday life.
Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price
€540,000
+ Fees & Taxes
+ €62,223
Taxes (ITP 10%)
+ €54,000
Notary Fees
+ €4,536
Registry Fees
+ €1,728
Gestoría Fees
+ €1,620
Valuation + Other
+ €339
Total Investment
€602,223
Est. Monthly Rent
€933/mo
Est. Annual Rent
€11,202/yr
Est. Yield
1.86%
High
(26 Comps)
Days on Market
1
First seen
2026-05-10