Active ID: 110909542 Campoamor

Flat / apartment for sale in Campoamor

3 Bed • 1 Bath • 82 m² • Floor 3

€159,000

AI Analyst
Long-term Rental

"Corner apartment in Campoamor with large wraparound balcony and strong renovation potential, located near Plaza América and key amenities. Three bedrooms, ample natural light, and elevator access offer solid fundamentals for value-add investors."

Negotiation Leverage Balanced
Value Add Full interior renovation (kitchen, bathroom, flooring, windows) to modern standards
Pros
  • Corner unit with abundant natural light and large balcony
  • Located near health center, Plaza América, and major avenue
  • Building with elevator enhances rental appeal
Cons
  • Requires complete renovation, increasing upfront capital outlay
  • Older building may have hidden structural or systems issues
  • Rental yield may be moderate post-renovation due to area pricing
Description

Housing with many possibilities for renovation located in the Altozano neighborhood, next to Plaza América and the health center. It is a property to be completely renovated, on a corner, with a large front balcony surrounding the house. It currently has three bedrooms, a living-dining room with large windows to the outside and access to the balcony, a kitchen with a gallery, and a full bathroom. Good building with an elevator and it is located a few steps from Avenida Del Maestro Alonso.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €159,000
Taxes (ITP 10%) + €15,900
Notary Fees + €1,336
Registry Fees + €509
Gestoría Fees + €477
Valuation + Other + €339

Total Investment €177,560
Est. Monthly Rent €958/mo
Est. Annual Rent €11,492/yr

Est. Yield 6.47%
Days on Market
2
First seen
2026-03-14
View on Idealista