Active ID: 111319161 Carolinas Bajas

Penthouse for sale in Calle Garbinet

2 Bed • 1 Bath • 60 m² • Floor 5

€159,000

AI Analyst
Long-term Rental

"Bright penthouse in Carolinas Bajas with a large terrace offers strong rental appeal due to its location between Plaza de Toros and Plaza PIO XII. Ready-to-move-in condition minimizes upfront renovation costs, enhancing investment efficiency."

Negotiation Leverage Balanced
Value Add Minor cosmetic upgrades to kitchen and bathroom for higher rental yield
Pros
  • Attractive terrace increases rental and resale value
  • Move-in ready condition reduces capex
  • Strong location near amenities and transport
Cons
  • No elevator may limit tenant pool and resale
  • Small size (55 m²) restricts family tenants
  • Potential for higher vacancy due to upper-floor access
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 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 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 fixed by official tariffs. Estimate between €1,000 and €1,800 in total for both, depending on the price of the home and the number of deed copies. Management Company: Approximately €350 – €400. You only pay this expense if you handle the sale independently; if there is a mortgage, the bank covers its own management expenses. This document is purely informative, indicative, and non-binding, therefore it does not constitute any contractual information, and its use is strictly commercial*. SPANISH, ENGLISH, FRANCE, RUSSIAN, UKRAINIAN.

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 €915/mo
Est. Annual Rent €10,983/yr

Est. Yield 6.19%
Days on Market
47
First seen
2026-05-04
View on Idealista