Active ID: 111622747 Mercado

Flat / apartment for sale in Calle del Alcalde Alfonso de Rojas, 3

5 Bed • 6 Bath • 160 m²

€390,000

AI Analyst
Holiday Rental

"Recently renovated 160 m² apartment with 5 bedrooms and 6 bathrooms, centrally located and holding a valid tourist license, offers immediate income potential and flexibility for short-term or coliving strategies."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Valid tourist license enables high-yield short-term rentals
  • Fully renovated and ready for immediate use
  • Individual room keys and central air conditioning support coliving or holiday rental models
Cons
  • Current estimated long-term rent yields are low relative to asking price
  • Commercial use history may complicate mortgage or residential conversion
  • No terrace or outdoor space, which may limit appeal for some tenants
Description

160 m² distributed in 5 spacious bedrooms and 6 full bathrooms. It has a valid tourist license. Currently used as a commercial premises, it is equipped with a smoke extraction system, water and electricity supply, and has been recently renovated with its own decorative theme, guaranteeing a high profitability of up to 20%. Everything is in perfect working order. All rooms have individual keys and central air conditioning, ready for immediate use. (7/1984) [IW].

Features
Elevator
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €390,000
Taxes (ITP 10%) + €39,000
Notary Fees + €3,276
Registry Fees + €1,248
Gestoría Fees + €1,170
Valuation + Other + €339

Total Investment €435,033
Est. Monthly Rent €1,897/mo
Est. Annual Rent €22,760/yr

Est. Yield 5.23%
Days on Market
9
First seen
2026-06-01
View on Idealista