Active ID: 112004554 Casco Hist├│rico

Flat / apartment for sale in Casco Histórico-Santa Cruz

2 Bed • 1 Bath • 90 m² • Floor 1

€280,000

AI Analyst
Long-term Rental

"Well-located 90 m² 2-bedroom flat in Casco Histórico with terrace and elevator, offering strong rental demand but requiring full interior remodeling to unlock value and maximize returns."

Negotiation Leverage Balanced
Value Add Full interior modernization (kitchen, bathroom, finishes) to increase rental yield and tenant appeal.
Pros
  • Prime location in historic center with high rental demand
  • Elevator and accessibility features broaden tenant pool
  • Terrace and east-facing orientation provide natural light
Cons
  • Requires significant remodeling investment
  • Older building (30-50 years) may have hidden maintenance issues
  • Only one bathroom for a 2-bedroom unit limits some tenant profiles
Description

Floor 1st, flat total surface area 90 m², usable floor area 90 m², double bedrooms: 2, 1 bathrooms, wheelchair-friendly (en zonas comunes), air conditioning (hot and cold), age between 30 and 50 years, built-in wardrobes, lift (dos ascensores), ext. woodwork (aluminum), internal carpentry (lacada en blanco), kitchen, state of repair: needs remodeling, furnished, neighbours per floor: 5, floor no. : 1, facing east, automatic door phone, reinforced door, security system (portero fisico), sunny, terrace, lands: stoneware, double glazing, exterior (salon y dormitorio principal), pets accepted se aceptan.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €280,000
Taxes (ITP 10%) + €28,000
Notary Fees + €2,352
Registry Fees + €896
Gestoría Fees + €840
Valuation + Other + €339

Total Investment €312,427
Est. Monthly Rent €1,331/mo
Est. Annual Rent €15,969/yr

Est. Yield 5.11%
Days on Market
0
First seen
2026-07-18
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