Active ID: 111465677 Carolinas Bajas

Semi-detached house for sale in Julio Antonio

1 Bed • 1 Bath • 69 m² • Floor 1

€140,000

AI Analyst
Long-term Rental

"Unique redevelopment opportunity in Carolinas Bajas: ground floor house with demolition and major works permits, allowing construction of a multi-unit building or renovation into a 2-bedroom home. Strong value-add potential in a high-demand urban area."

Negotiation Leverage Balanced
Value Add Redevelop into multi-unit building or renovate to maximize rental yield
Pros
  • Full redevelopment rights with permits in place
  • Prime location for both end-users and investors
  • Flexible exit strategies: build, renovate, or hold
Cons
  • Significant upfront capital and project management required
  • No current rental income during construction/renovation
  • Potential for construction cost overruns or delays
Description

GOLDEN HOMES PRESENTS EXCLUSIVE GROUND FLOOR HOUSE WITH LICENSE TO BUILD A BUILDING! The house is open-plan and offers the possibility of demolition (you already have the permit) and building up to 3 floors + ground floor; or you can renovate the ground floor and create 2 bedrooms, a bathroom, a kitchen, and a living-dining room. The major works permit has been applied for and it is sold with a demolition permit and a major works license. The area is unbeatable for both living and investing. If you are looking for profitability, this is your opportunity. Contact us.

Features
Air Conditioning
Garden
Investment Summary
Purchase Price €140,000
Taxes (ITP 10%) + €14,000
Notary Fees + €1,176
Registry Fees + €448
Gestoría Fees + €420
Valuation + Other + €339

Total Investment €156,383
Est. Monthly Rent €845/mo
Est. Annual Rent €10,140/yr

Est. Yield 6.48%
Days on Market
1
First seen
2026-05-19
View on Idealista