Active ID: 92558109 Mercado

Flat / apartment for sale in calderon de la barca, 8

1 Bed • 1 Bath • 53 m² • Floor 1

€165,000

AI Analyst
Long-term Rental

"Bright, centrally located 1-bedroom apartment in Mercado offers strong rental demand, low running costs, and recent renovations. Change-of-use from office to residential required, but location and yield potential make it attractive for urban investors."

Negotiation Leverage Balanced
Value Add Change of use to residential; minor cosmetic updates post-conversion
Pros
  • Prime city center location with high rental demand
  • Low community fees and annual taxes enhance net yield
  • Recently renovated, habitable condition reduces upfront capex
Cons
  • Currently registered as office—conversion cost and administrative risk
  • Small size (53 m²) limits tenant pool and resale options
  • No terrace or outdoor space, which may deter some renters
Description

In the heart of the city, an exterior apartment with a spacious bedroom, living room with an American kitchen, and bathroom. No hallway. The only interior room is the bathroom. Very exterior and bright with a midday orientation and facade onto a quiet street. Interior condition renovated a few years ago / habitable. Building with a good appearance and accessible entrance with no architectural barriers. Very economical community fees €28/month. IBI €176/year Garbage tax €68/year Property registered as an office, with over twenty years of use as a dwelling. Budget for change of use €2,250 plus VAT. We work by appointment. You will have our full attention. You can contact us by phone/WhatsApp at 00*34*666*078*886. Postal code 03004.

Features
Elevator
Air Conditioning
Exterior
Investment Summary
Purchase Price €165,000
Taxes (ITP 10%) + €16,500
Notary Fees + €1,386
Registry Fees + €528
Gestoría Fees + €495
Valuation + Other + €339

Total Investment €184,248
Est. Monthly Rent €1,007/mo
Est. Annual Rent €12,087/yr

Est. Yield 6.56%
Days on Market
2
First seen
2026-03-14
View on Idealista