Active ID: 111611914 Centro Tradicional

Flat / apartment for sale in Centro Tradicional

3 Bed • 2 Bath • 139 m² • Floor 6

€599,995

AI Analyst
Long-term Rental

"Spacious 3-bedroom apartment in Centro Tradicional offers rare high-floor living with abundant natural light, a flexible layout, and prime walkable location—ideal for professionals or families seeking urban convenience and lifestyle upside."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms to increase rental appeal and value
Pros
  • Prime city center location with strong tenant demand
  • High floor with elevator, natural light, and outdoor spaces
  • Flexible layout suitable for work-from-home or family use
Cons
  • Gross rental yield below 4% limits cash flow potential
  • Likely need for interior modernization to achieve premium rents
  • Premium pricing for central location may limit appreciation upside
Description

Living in the city centre is not just about location. It’s about gaining time every single day. This property on Calle Artilleros, located on the 6th floor with a lift, offers something not easy to find: height, natural light and generous space right in the heart of the city. From the moment you enter, a welcoming entrance hall sets the tone, giving a clear sense of a well-distributed home. From there, the property opens into different living areas that easily adapt to a variety of lifestyles. It features a double living and dining area, ideal for creating separate environments — from a main dining space to a more relaxed, everyday sitting area — offering both versatility and a real feeling of space. The sleeping area consists of two double bedrooms and one single bedroom, with one of the double rooms including an additional area, perfect as a home office or workspace. There are two full bathrooms, one of them larger in size, designed as a double bathroom and equipped with a jacuzzi, creating a more private and relaxing space within the home. The property also benefits from a bright interior terrace, currently used as a laundry area, practical and well integrated into daily living. On the exterior side, the balcony offers that small everyday luxury: stepping outside, getting some fresh air, enjoying breakfast at home, and disconnecting without leaving the property. All of this is enhanced by the abundance of natural light, thanks to its elevated position — a key advantage in such a central location. But what truly defines this property is its surroundings: stepping outside and having everything within walking distance, with no need for a car and the comfort of living where everything happens. If you are looking for a home where location and space truly matter, this property is well worth a visit.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €599,995
Taxes (ITP 10%) + €60,000
Notary Fees + €5,040
Registry Fees + €1,920
Gestoría Fees + €1,800
Valuation + Other + €339

Total Investment €669,093
Est. Monthly Rent €1,785/mo
Est. Annual Rent €21,426/yr

Est. Yield 3.2%
Days on Market
12
First seen
2026-05-29
View on Idealista