Active ID: 105419915 Carolinas Bajas

Flat / apartment for sale in Plaza de Castelló, 2

2 Bed • 1 Bath • 85 m² • Floor 3

€210,000

AI Analyst
Long-term Rental

"Well-located 2-bedroom apartment in Carolinas Bajas with terrace and elevator offers solid rental yield potential and broad tenant appeal, making it a compelling asset for stable, long-term income generation."

Negotiation Leverage Balanced
Value Add Update interior finishes and modernize kitchen/bathroom to increase rental value
Pros
  • Attractive gross rental yield (~5.8%) in current market
  • Desirable features: terrace, elevator, exterior orientation
  • Strong demand for 2-bedroom units in urban Alicante
Cons
  • Potential need for interior modernization to maximize rent
  • Limited information on building condition or community fees
  • Area may have moderate tenant turnover compared to prime districts
Description

None

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €210,000
Taxes (ITP 10%) + €21,000
Notary Fees + €1,764
Registry Fees + €672
Gestoría Fees + €630
Valuation + Other + €339

Total Investment €234,405
Est. Monthly Rent €1,011/mo
Est. Annual Rent €12,129/yr

Est. Yield 5.17%
Days on Market
250
First seen
2025-08-11
View on Idealista