Active ID: 111525963 Carolinas Bajas

Flat / apartment for sale in Calle Elda

3 Bed • 1 Bath • 65 m² • Floor 4

€145,000

AI Analyst
Long-term Rental

"Bright, south-facing 3-bedroom apartment in Carolinas Bajas with balcony offers strong rental demand due to proximity to city center, beach, and amenities, but requires renovation and is located on a fourth floor without elevator."

Negotiation Leverage Balanced
Value Add Full interior renovation (kitchen, bathroom, flooring, paint) to modern standards
Pros
  • Excellent location near city center, beach, and amenities
  • Strong natural light and south-facing orientation
  • High rental demand in established neighborhood
Cons
  • Fourth floor without elevator limits tenant pool
  • Requires significant renovation investment
  • Potentially higher vacancy risk due to walk-up access
Description

TECNOCASA SELLS Bright 3-bedroom apartment with balcony and south-facing orientation in Carolinas Bajas Fantastic 3-bedroom apartment for sale in Carolinas Bajas, one of Alicante's most established and practical areas. The property is located on the fourth floor without an elevator and stands out for its excellent brightness, thanks to its south-facing orientation, as well as its spacious balcony, ideal for enjoying the Mediterranean climate all year round. The apartment is in need of renovation, with a comfortable and functional layout that makes excellent use of space. The rooms are bright and pleasant, providing a sense of spaciousness and comfort throughout the home. Unbeatable location, very close to Plaza Pío XII, Santa Bárbara Castle, and Plaza Doctor Gómez Ulla, surrounded by all the necessary services for daily life: supermarkets, schools, public transport, health centers, shops, and leisure areas. Furthermore, its location is one of its great strengths: Beach just 20 minutes away City center 15 minutes away An excellent opportunity both as a primary residence and for investment, in an area with high demand and very well connected. Don't miss this opportunity!

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €145,000
Taxes (ITP 10%) + €14,500
Notary Fees + €1,218
Registry Fees + €464
Gestoría Fees + €435
Valuation + Other + €339

Total Investment €161,956
Est. Monthly Rent €1,000/mo
Est. Annual Rent €12,000/yr

Est. Yield 7.41%
Days on Market
2
First seen
2026-05-21
View on Idealista