Active ID: 110583632 Carolinas Bajas

Detached house for sale in Calle Jazmín

3 Bed • 2 Bath • 384 m² • Floor 3

€420,000

↓ 14.3% from €490,000
€420,000 2026-03-29
€475,000 2026-03-11
€490,000 2026-02-10
AI Analyst
Long-term Rental

"Spacious 384m² detached house in Carolinas Bajas with redevelopment potential; three floors, terraces, and proximity to transit and amenities offer both immediate rental income and long-term value through possible vertical expansion."

Negotiation Leverage Balanced
Value Add Explore vertical expansion or conversion to multi-unit dwelling; update interiors for higher rental yield.
Pros
  • Large 384m² build with terraces and multiple floors
  • Completely renovated in 2007, reducing immediate capex
  • Zoning allows for 5-story redevelopment, offering upside
Cons
  • Current rental yield is modest relative to asking price
  • No elevator, which may limit appeal for some tenants
  • Interior updates may be needed to maximize rental income
Description

3-story house for sale on a quiet, one-way street. The house has a ground floor with an entrance hall, living room, 2 bedrooms, kitchen, pantry, bathroom, and patio. The first floor has 3 bedrooms and a full bathroom with a terrace and two storage rooms. The second floor has a play and exercise area with a very large terrace, perfect for barbecues and sunbathing. The house was completely renovated in 2007; the property can be used to build a 5-story building in a very good area with bus and tram stops, as well as shops, pharmacies, schools, and cafes.

Features
Terrace/Balcony
Air Conditioning
Fitted Wardrobes
Investment Summary
Purchase Price €420,000
Taxes (ITP 10%) + €42,000
Notary Fees + €3,528
Registry Fees + €1,344
Gestoría Fees + €1,260
Valuation + Other + €339

Total Investment €468,471
Est. Monthly Rent €1,260/mo
Est. Annual Rent €15,120/yr

Est. Yield 3.23%
Low (Estimated)
Days on Market
120
First seen
2026-02-10
View on Idealista