Active
ID: 100153739
Centro Tradicional
Flat / apartment for sale in Rambla Méndez Núñez, 11
4 Bed • 2 Bath • 160 m² • Floor 3
AI Analyst
Long-term Rental"Spacious 160 m² apartment in a prime Centro-Tradicional location, featuring 3.5m ceilings and classic architectural appeal in a listed building. Strong rental demand and unique character offer solid long-term value."
Negotiation
Leverage
Balanced
Value Add
Modernize kitchen and bathrooms to increase rental yield
Pros
- •Prime city center location with high demand
- •Listed property with architectural character and high ceilings
- •Elevator access enhances tenant appeal
Cons
- •No terrace or outdoor space limits premium rental potential
- •Potential restrictions on renovations due to listed status
- •Rental yield (~4.3% gross) is moderate for the price point
Description
Apartment in Rambla Méndez Nuñez with Gerona street. 3.5 meter ceilings in a listed property.
Features
Elevator
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price
€599,000
+ Fees & Taxes
+ €68,984
Taxes (ITP 10%)
+ €59,900
Notary Fees
+ €5,032
Registry Fees
+ €1,917
Gestoría Fees
+ €1,797
Valuation + Other
+ €339
Total Investment
€667,984
Est. Monthly Rent
€2,031/mo
Est. Annual Rent
€24,369/yr
Est. Yield
3.87%
High
(16 Comps)
Days on Market
275
First seen
2025-10-08