Active
ID: 111291467
Carolinas Bajas
Flat / apartment for sale in Calle de Crevillente
2 Bed • 1 Bath • 75 m² • Floor 4
€139,900
AI Analyst
Long-term Rental"Recently reformed 2-bedroom flat in Carolinas Bajas with balcony, south-facing exposure, and elevator access offers solid rental yield potential in a well-connected Alicante neighborhood."
Negotiation
Leverage
Balanced
Value Add
Minor cosmetic upgrades or furnishing for higher rental appeal
Pros
- •Reformed condition reduces immediate capex needs
- •Elevator and exterior orientation increase tenant appeal
- •Strong estimated gross rental yield (~8.5%)
Cons
- •Building age (>50 years) may imply future maintenance costs
- •Limited to 2 bedrooms, restricting coliving or family rental strategies
- •Neighborhood may have moderate tenant turnover or lower capital appreciation
Description
Floor 4th, flat total surface area 75 m², usable floor area 68 m², single bedrooms: 1, double bedrooms: 1, 1 bathrooms, air conditioning (hot and cold), age over 50 years, built-in wardrobes, balcony, ext. woodwork (aluminum), kitchen, dining room (con balcon), state of repair: reformed, neighbours per floor: 2, facing south, lands: terrazzo, storeroom (arriba en la terraza comunitaria), exterior (balcon y salon).
Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price
€139,900
+ Fees & Taxes
+ €16,371
Taxes (ITP 10%)
+ €13,990
Notary Fees
+ €1,175
Registry Fees
+ €448
Gestoría Fees
+ €420
Valuation + Other
+ €339
Total Investment
€156,271
Est. Monthly Rent
€990/mo
Est. Annual Rent
€11,876/yr
Est. Yield
7.6%
High
(49 Comps)
Days on Market
2
First seen
2026-05-04