Active ID: 109008014 Mercado

Flat / apartment for sale in Calle Pintor Velazquez

3 Bed • 1 Bath • 101 m² • Floor 3

€245,000

AI Analyst
Long-term Rental

"Fully renovated, move-in ready 3-bedroom apartment in Mercado area with high-quality finishes, abundant natural light, and a west-facing balcony. Strong rental appeal due to turnkey condition and prime location near services."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Fully renovated and furnished, minimizing upfront capex
  • Prime location in consolidated Mercado area with strong rental demand
  • Efficient layout with natural light and modern amenities
Cons
  • Third floor may deter some tenants despite elevator
  • No parking included, which may limit appeal to some renters
  • Rental yield is moderate given current price and rent estimates
Description

This spacious apartment of 101 m² built is located on the third floor of a quiet building, with only one dwelling per floor. It has been completely renovated with high-quality materials and is delivered furnished, ready to move in. The house has a very bright living-dining room thanks to its west orientation and direct access to a balcony perfect for enjoying the outdoors. The integrated kitchen is fully equipped with modern appliances and connects seamlessly with the living room, creating an open and functional environment. It has three well-distributed bedrooms, a separate laundry room and a design that maximizes natural light. To ensure comfort throughout the year, the apartment includes heat pump heating, split air conditioning and individual electric water heater. Located in a consolidated area with all services just minutes away, it is ideal both as a permanent home and for investment. Thanks to its excellent condition, distribution and equipment, this apartment represents a unique opportunity for those looking for comfort, style and functionality from day one. This document is for informational, orientational and non-binding purposes only, and therefore does not constitute any contractual information, its use being strictly commercial.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €245,000
Taxes (ITP 10%) + €24,500
Notary Fees + €2,058
Registry Fees + €784
Gestoría Fees + €735
Valuation + Other + €339

Total Investment €273,416
Est. Monthly Rent €1,228/mo
Est. Annual Rent €14,732/yr

Est. Yield 5.39%
Days on Market
239
First seen
2025-08-12
View on Idealista