Sale

Two-room apartment with yard in the center of Bankya

Bankya
Published: 10 September 2026 Updated: 30 September 2026
Sale70,000 €1,666 €/m²
Expected rent597 € /mo

~18,500 € BELOW MARKET

good value

against the median for apartments in Bankya (96 properties)

Area
42 m²
Floor
1 / 3
Construction
Wooden Frame
Year
1920

Yield analysis

Strong investment rating

10.2% / yr
Monthly payment311 €20% down payment · 20 yrs · 3%
Expected rent597 €at market conditions for the neighbourhood

The rent covers 192% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 10 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Property analysis

This apartment is priced about 18,500 € below the typical price (the median) for apartments in Bankya (96 properties) — 1,666 €/m² against 2,104 €/m².

Apartment with two rooms and a kitchen, located on the first floor of a three-storey wooden cultural monument house in the center of Bankya. The layout includes two separate rooms, a kitchen, bathroom with toilet, and hallway, providing functional use of the space. The building is a wooden structure from 1920, in need of full renovation both in the apartment and common areas. The property includes an ideal part of a large yard around the building, contributing to tranquility and a green environment. The location combines a central position with proximity to nature, making the property suitable for those seeking an opportunity for individual renovation while preserving its historical character.

With 20% down over 20 years the monthly mortgage payment is about 311 €, against an expected local rent of 597 €. The rent covers the whole payment (192%).

Source: Market statistics for apartments in Bankya

Pros and cons

AI summary
Pros
  • functional layout
  • yard
  • central location
  • historic building
Cons
  • in need of full renovation
  • ground floor
  • wooden structure

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 21% below the average for comparable properties.

  2. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1920 — about 106 years old.

  3. Is there damp, is there enough daylight, and what is the noise like?

    Because: The property is on the first floor.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Details

Category
Residential
Rooms
2
Bathrooms
1

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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