Active ID: 111083924 Carolinas Bajas

Penthouse for sale in Garbinet

2 Bed • 1 Bath • 53 m² • Floor 4

€149,000

↓ 6.3% from €159,000
€149,000 2026-07-01
€159,000 2026-04-07
AI Analyst
Long-term Rental

"Bright penthouse in Carolinas Bajas with a large terrace, two bedrooms, and move-in ready condition offers strong appeal for urban renters seeking outdoor space and natural light at an accessible price point."

Negotiation Leverage Balanced
Value Add Minor cosmetic upgrades to kitchen and bathroom
Pros
  • Large private terrace enhances rental appeal
  • Move-in ready condition reduces upfront costs
  • Good location between Plaza de Toros and Plaza PIO XII
Cons
  • Top-floor unit may deter some tenants despite elevator
  • Limited size (53 m²) restricts target tenant pool
  • Potential for higher turnover due to two-bedroom configuration
Description

Cozy and bright penthouse for sale located on Garbinet street, in an excellent area, between Plaza de Toros and Plaza PIO XII. The property has 55 m² and is distributed into two bedrooms, a comfortable living room, an independent kitchen in good condition, and a full bathroom. Its large and spectacular terrace, ideal for enjoying the outdoors, is particularly noteworthy. The apartment is in good condition, ready to move into. It is a penthouse without an elevator, perfect for those who value tranquility and natural light. Payments corresponding to a purchase and sale according to client profile: Taxes (ITP): 9% (reduced general rate from June 2026) is applied to the price or the Cadastral reference value. AJD (1.4%) is only paid on new homes (with VAT); on second-hand homes, the purchase and sale is exempt from AJD. There are reduced rates of 4%, 6%, or 8% for young people, large families, or people with disabilities. Notary and Registry: Expenses set by official fees. Estimate between €1,000 and €1,800 in total for both, depending on the price of the home and the number of copies of the deed. Management Company: Approximately €350 – €400. You only pay this expense if you handle the purchase and sale independently; if there is a mortgage, the bank assumes its own management expenses. This document is purely informative, orientative, and non-binding, therefore it does not constitute any contractual information, and its use is strictly commercial*. SPANISH, ENGLISH, FRENCH, RUSSIAN, UKRAINIAN.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €149,000
Taxes (ITP 10%) + €14,900
Notary Fees + €1,252
Registry Fees + €477
Gestoría Fees + €447
Valuation + Other + €339

Total Investment €166,414
Est. Monthly Rent €906/mo
Est. Annual Rent €10,873/yr

Est. Yield 6.12%
Days on Market
85
First seen
2026-04-07
View on Idealista