Active ID: 112001495 Mercado

Duplex for sale in Mercado

5 Bed • 3 Bath • 238 m² • Floor 6

€1,248,000

AI Analyst
Coliving

"Spacious, fully renovated 5-bedroom duplex in Mercado with premium finishes, large terrace, and underground parking. Top-floor position offers unobstructed views of Santa Bárbara Castle, making it attractive for high-end tenants or coliving strategies."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Brand new, high-spec renovation with premium appliances and finishes
  • Large size (238 m²) and 5 bedrooms ideal for maximizing rental yield via coliving
  • Prime location near Plaza de Luceros with excellent views and amenities
Cons
  • Estimated rent (€1,500/month) yields a low gross return (~1.4%) at asking price
  • High price point for the area may limit resale liquidity
  • Large unit size may reduce tenant pool for traditional long-term rental
Description

Directly from the developer, beautiful brand new and renovated duplex, very bright, near Plaza de Luceros • Occupies the top two floors of the building; it has a large terrace facing Santa Bárbara Castle and an underground parking space. • Two independent entrances with metal doors, one on each floor. Ideal layout with a day area on the first floor (living room, kitchen, bathroom, and 1 bedroom) and 4 bedrooms plus 2 bathrooms on the upper floor. • 5 spacious bedrooms (between 11 m² and 18 m²). • Large 41 m² living room with a very spacious 21 m² terrace and a 7m² balcony, with unobstructed views. • 3 full bathrooms with shower/bathtub and bidet. • 2 balconies of 7m² each and a large terrace of 21m². • Independent 12.75 m² kitchen with an additional 3.40 m² gallery/laundry room. SURFACES: • 238 m² of total built area according to documentation (242.55 m² according to measurements). • 203 m² of usable area according to measurements. DESCRIPTION • Oak wood floors in all rooms, except in bathrooms and gallery. • Satin paint finish on walls and ceilings. • New anodized aluminum windows with thermal break and double low-emissivity (Low-E) glazing; they have acoustic insulation, mosquito nets, and motorized thermal aluminum roller shutters. • New custom-made built-in wardrobes in all bedrooms and hallways on both floors. • Bathrooms equipped with ROCA faucets and sanitary ware, water radiators, glass shower screens, and bidets. • Dimmable perimeter LED lighting in the living room. • TV and data outlets in all rooms. • Independent 12.75 m² kitchen, fully equipped with custom furniture and granite countertops; central island with seating space and included appliances (refrigerator, 2 ovens, induction hob, dishwasher, and extractor hood) from the BOSCH brand. Hood with direct external ventilation. • Gallery/laundry room with washing machine, dryer, and 25 kW gas boiler for hot water and radiator heating (all from the BOSCH brand). • Open terrace and balconies with unobstructed views. • 3 of the 5 bedrooms have exterior windows facing the street.

Features
Elevator
Terrace/Balcony
Air Conditioning
Parking
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €1,248,000
Taxes (ITP 10%) + €124,800
Notary Fees + €10,483
Registry Fees + €3,994
Gestoría Fees + €3,744
Valuation + Other + €339

Total Investment €1,391,360
Est. Monthly Rent €1,500/mo
Est. Annual Rent €18,000/yr

Est. Yield 1.29%
Days on Market
4
First seen
2026-08-28
View on Idealista