Apartment for sale on Calle Pintor Anselmo Guinea, Santutxu – Basarrate

This apartment, located on Pintor Anselmo Guinea street in the heart of Santutxu, stands out from the outset for its dual appeal: it’s a viable option both for living and as an investment due to its immediate profitability. Its location, just steps from the metro and surrounded by services, shops, and quick connections to the center of Bilbao, makes it a highly versatile alternative in a neighborhood with stable and consolidated demand.

The apartment has 71 m2 built (68 m2 usable), distributed into two bedrooms, a full bathroom, a living room with good natural light, and a kitchen.

Its orientation and large windows provide ample natural light, which, combined with the potential for redistribution, makes it a very interesting base for a renovation project if desired.

The building features a renovated entrance and an elevator.

As for the investment, the apartment is currently rented for 700 Euros per month to responsible and punctual tenants who have been there for many years, guaranteeing immediate income. With a sale price of €180,000, the current gross yield is 4.66% and could approach 5% if improvements are made to the property or if the rent is adjusted to the neighborhood’s average rent, which has historically maintained high occupancy rates, ranging between €770 and €850 per month.

Overall, this property combines a well-connected location, a modern building, an apartment with renovation potential, and a stable income that allows for profitability from day one. Its balance of location, versatility, and asset security makes it a solid option both for those seeking their own home and for those looking for an investment with long-term potential and stable returns.