Active
ID: 107812618
Campoamor
Flat / apartment for sale in Calle Francisco Carratalá Cernuda Nn
3 Bed • 3 Bath • 90 m² • Floor 2
AI Analyst
Coliving"Renovated 3-unit apartment in Campoamor, each studio with private kitchen and bath, offers immediate rental income and strong gross yield, leveraging turnkey setup and high demand for independent units."
Negotiation
Leverage
Balanced
Value Add
Minor upgrades to common areas or furnishings could further boost rental appeal.
Pros
- •Turnkey, fully renovated and divided into 3 independent studios
- •Strong gross yield (~9.3%) based on projected rents
- •Desirable features: elevator, exterior, terrace
Cons
- •Potential legal/regulatory risks with multi-unit division
- •Rental estimate slightly below seller's projection
- •Limited value-add opportunities beyond minor upgrades
Description
FOR SALE: BUSINESS READY TO RENT! 10% PROFITABILITY For sale is a 114 m² apartment, renovated and divided into three independent studios, each with its own kitchen and bathroom. Location: Francisco Caratalá Cernuda, Price: €350,000 Potential income: Each studio can be rented for €900 per month. An excellent investment opportunity! Contact us for more information.
Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price
€280,000
+ Fees & Taxes
+ €32,427
Taxes (ITP 10%)
+ €28,000
Notary Fees
+ €2,352
Registry Fees
+ €896
Gestoría Fees
+ €840
Valuation + Other
+ €339
Total Investment
€312,427
Est. Monthly Rent
€1,004/mo
Est. Annual Rent
€12,049/yr
Est. Yield
3.86%
High
(54 Comps)
Days on Market
324
First seen
2025-08-04