Active
ID: 110527436
Carolinas Bajas
Flat / apartment for sale in Calle de San Carlos, 15
3 Bed • 1 Bath • 100 m² • Floor 3
€220,000
AI Analyst
Long-term Rental"Spacious 3-bedroom apartment in Carolinas Bajas, Alicante, featuring a terrace, elevator, and castle views. Well-located near the bullring, this property offers solid rental potential and is in good condition, minimizing immediate renovation needs."
Negotiation
Leverage
Balanced
Value Add
Modernize kitchen and bathroom for higher rental yield
Pros
- •Attractive location with views of Santa Barbara Castle
- •Good condition reduces upfront renovation costs
- •Elevator and terrace increase tenant appeal
Cons
- •Single bathroom may limit appeal for larger households
- •Rental yield is moderate for the area
- •Potential for neighborhood gentrification risk
Description
Great and spacious apartment on San Carlos street in Alicante, very close to the bullring, with 3 bedrooms, a large and bright dining room, a bathroom, kitchen, and a great well-oriented balcony. In good condition. With excellent views of Santa Barbara Castle.
Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price
€220,000
+ Fees & Taxes
+ €25,551
Taxes (ITP 10%)
+ €22,000
Notary Fees
+ €1,848
Registry Fees
+ €704
Gestoría Fees
+ €660
Valuation + Other
+ €339
Total Investment
€245,551
Est. Monthly Rent
€1,032/mo
Est. Annual Rent
€12,390/yr
Est. Yield
5.05%
High
(28 Comps)
Days on Market
27
First seen
2026-02-04