Active
ID: 111034166
Carolinas Bajas
Flat / apartment for sale in Calle Pelayo
3 Bed • 1 Bath • 81 m²
€115,000
AI Analyst
Long-term Rental"Well-priced 3-bedroom apartment in Carolinas Bajas, Alicante, offers solid rental yield potential with elevator access, making it attractive for long-term tenants seeking affordability and convenience."
Negotiation
Leverage
Balanced
Value Add
Modernize kitchen and bathroom to increase rental appeal
Pros
- •Attractive price point for 3-bedroom unit in central Alicante
- •Elevator access increases accessibility and tenant pool
- •Strong gross rental yield potential (~10%)
Cons
- •Interior unit with no exterior exposure limits natural light
- •No terrace or outdoor space, reducing appeal for some tenants
- •Likely requires modernization to maximize rental income
Description
Apartment with 3 bedrooms and 1 bathroom in Alicante/Alacant.
Features
Elevator
Investment Summary
Purchase Price
€115,000
+ Fees & Taxes
+ €13,518
Taxes (ITP 10%)
+ €11,500
Notary Fees
+ €966
Registry Fees
+ €368
Gestoría Fees
+ €345
Valuation + Other
+ €339
Total Investment
€128,518
Est. Monthly Rent
€961/mo
Est. Annual Rent
€11,529/yr
Est. Yield
8.97%
High
(28 Comps)
Days on Market
1
First seen
2026-03-29