Active ID: 111458424 Campoamor

Flat / apartment for sale in Calle Maestro Caballero

1 Bed • 1 Bath • 93 m² • Floor 0

€79,900

AI Analyst
Long-term Rental

"Versatile 93 m² street-level commercial unit in central Campoamor offers strong visibility, high foot traffic, and conversion potential to residential use, making it a flexible value-add play for investors seeking upside through repositioning or rental income."

Negotiation Leverage Balanced
Value Add Renovate interior and pursue change of use to residential for higher yield
Pros
  • Prime corner location with high visibility and foot traffic
  • Potential for change of use to residential, increasing exit options
  • Smoke extraction system in place, suitable for hospitality uses
Cons
  • Requires significant renovation investment
  • Currently only one room, limiting immediate residential appeal
  • Change of use process may involve regulatory hurdles and delays
Description

**Commercial Property for Sale with Possibility of Change of Use** - Unique Opportunity in the Heart of the City Discover this spacious street-level commercial property, ideal for entrepreneurs with vision. With 93 m² built, this space offers endless possibilities. Its strategic location in a comfortable area of the city guarantees high foot traffic, perfect for any type of business. Additionally, it has a smoke extraction system, making it suitable for restaurant activities. The property requires renovation, allowing you to personalize it to your taste and adapt it to the needs of your project. With high ceilings and an interior room, there is great potential to create a unique atmosphere. There is also the possibility of a change of use to convert it into a dwelling, making it an even more attractive investment. Located on a corner, with 5 linear meters of facade, this property stands out for its visibility. Furthermore, easy access to various urban transport makes it easy for customers and suppliers to arrive. Don't miss this opportunity to acquire a versatile space in one of the best areas of the city. Contact us for more information and come see it!

Features
Elevator
Investment Summary
Purchase Price €79,900
Taxes (ITP 10%) + €7,990
Notary Fees + €671
Registry Fees + €256
Gestoría Fees + €240
Valuation + Other + €339

Total Investment €89,395
Est. Monthly Rent €947/mo
Est. Annual Rent €11,360/yr

Est. Yield 12.71%
Days on Market
1
First seen
2026-05-19
View on Idealista