Active
ID: 93615416
Centro Tradicional
Flat / apartment for sale in Centro Tradicional
6 Bed • 6 Bath • 167m² • 1
€290,000
Description
For sale: a unique property with possibility of change of use, located in a prestigious building from 1955, which has a concierge and elevator. It previously functioned as a hostel with 6 rooms and 6 bathrooms, offering multiple opportunities for development. To better illustrate its potential, AI-generated images have been created, showcasing different possibilities: Keep the current layout with 6 rooms and en-suite bathrooms. Convert the property into 2 independent units. A property in an excellent location with huge investment potential right in the heart of the city. [IW].
Features
Elevator
Exterior
Investment Summary
Purchase Price
€290,000
+ Fees & Taxes
+ €33,573
Taxes (ITP 10%)
+ €29,000
Notary Fees
+ €2,436
Registry Fees
+ €928
Gestoría Fees
+ €870
Valuation + Other
+ €339
Total Investment
€323,573
Est. Monthly Rent
€1,993/mo
Est. Annual Rent
€23,915/yr
Est. Yield
6.52%
High
(31 Comps)
Days on Market
143
First seen
2025-10-08