Active ID: 110610763 Carolinas Bajas

Flat / apartment for sale in Plaza de Castelló

2 Bed • 1 Bath • 94 m² • Floor 2

€165,000

AI Analyst
Long-term Rental

"Spacious 94 m² 2-bedroom apartment in Carolinas Bajas, currently tenanted until 2028, offers immediate rental income and proximity to key city amenities, making it a compelling turnkey investment for stable cash flow."

Negotiation Leverage Balanced
Value Add None - Turnkey (already rented, modern kitchen)
Pros
  • Immediate rental income with tenant in place until 2028
  • Strong location near Plaza de Toros and Mercado Central
  • Modern open-plan kitchen and bright living space
Cons
  • Limited flexibility due to existing lease until 2028
  • Potential rent below market if lease is fixed for 5 years
  • Only two bedrooms may limit coliving or holiday rental potential
Description

Second-floor apartment for sale (94 m2) located in Carolinas Bajas, just 7 minutes from Plaza de Toros and 15 minutes from Mercado Central. The property features 2 bedrooms with built-in wardrobes (master bedroom with private balcony), a full bathroom with shower, an open-plan fully equipped kitchen with breakfast bar and dining area (approx. 30 m2), and a spacious, bright living room. Currently rented, with the contract in place until 2028 (end of the 5-year term), making it an ideal opportunity for investors seeking immediate rental income. The area offers all amenities and excellent public transport connections (bus lines and TRAM nearby). Perfect investment property. Contact us for further details.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €165,000
Taxes (ITP 10%) + €16,500
Notary Fees + €1,386
Registry Fees + €528
Gestoría Fees + €495
Valuation + Other + €339

Total Investment €184,248
Est. Monthly Rent €1,046/mo
Est. Annual Rent €12,549/yr

Est. Yield 6.81%
Days on Market
19
First seen
2026-02-12
View on Idealista