Flat / apartment for sale in Calle Maestro Caballero
1 Bed • 1 Bath • 65 m² • Floor 0
AI Analyst
Long-term Rental"Fully renovated 1-bedroom apartment in central Campoamor, converted from commercial space, offers strong rental yields due to prime location near the central market and services. Ready for immediate occupancy, ideal for professional tenants."
Pros
- •Prime city center location with high rental demand
- •Fully renovated, minimizing immediate capex
- •Elevator and exterior orientation enhance tenant appeal
Cons
- •Change of use not yet submitted, creating legal uncertainty
- •Tourist license will be lost upon transfer, limiting short-term rental flexibility
- •Converted commercial space may face valuation or resale challenges
Description
2 commercial spaces converted into housing with a project prepared for a change of use, only lacking submission. It was not submitted because the property currently has a valid tourist license and uses it for rentals. It is not offered with a license because as soon as it is transferred and the change of use to housing is made, it would be canceled. High profitability in rentals due to its location in the city center, just 2 minutes from the central market and other services. Ideal for long-term rentals or temporary rentals for professionals, etc. Fully renovated with everything like new. Living room, open-plan kitchen, and bedroom, very large bathroom with shower.