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Calamonte, Badajoz
As a potential buyer, I would consider this ground floor flat in Calamonte, Badajoz as a suitable option for both real estate investment and lifestyle purposes. The flat offers 51m2 of space, with the majority of it being functional living space, which provides a more spacious feel compared to its size. The 1-roomed and 1-bathroom layout suggests that it can comfortably accommodate a couple or a small family. The cost per square meter is approximately 7.81€, which is quite reasonable for the region. The neighborhood of Calle Barranco is relatively quiet and peaceful, making it an attractive option for those seeking a more serene living environment within the city limits. Additionally, being just a stone's throw away from the historical city center of Badajoz, the flat offers easy access to local amenities such as shops, restaurants, and cultural attractions while still maintaining some distance from the hustle and bustle. The monthly rental price of 400€ translates to around 11.79€ per square meter, which is within the average range for the area considering the size and location of this property. Rentals in the surrounding areas tend to be competitive, which should make it appealing to a variety of tenants. With some remodeling and updating, this flat has the potential to attract long-term renters at a premium rate or even cater to short-term Airbnb visitors with its prime central location. In terms of real estate investment, the property's proximity to the city center and its relatively low purchase price mean it could potentially appreciate in value over time, especially if renovated and rented out or sold in the future. The region itself is growing in popularity as a tourist destination, promising sustained demand for housing in the area. However, it's crucial to note that the return on investment would largely depend on tenant screening, pricing, and the overall condition of the flat post-renovations. In summary, this property in Calamonte offers a unique blend of tranquility and accessibility, making it suitable for individuals or couples desiring a peaceful yet central lifestyle in Badajoz. As a real estate investment, its potential for growth is promising but would require careful planning and execution to maximize returns.
Calamonte, Badajoz