Active ID: 111528595 Carolinas Bajas

Flat / apartment for sale in Alcala Galiano, 26

4 Bed • 2 Bath • 112 m² • Floor 4

€162,000

AI Analyst
Long-term Rental

"Judicial auction 4-bed flat in Carolinas Bajas, Alicante, offers a 25% discount to market value, strong rental demand, and significant area appreciation, but comes with liquidity and due diligence risks due to auction process."

Negotiation Leverage Balanced
Value Add Modernize interiors post-acquisition (subject to inspection)
Pros
  • 25% below estimated market value per listing
  • Strong rental demand and central location
  • Area has appreciated 80% in five years
Cons
  • No mortgage financing allowed—must be cash purchase
  • No property visits possible before acquisition
  • Legal and occupancy risks inherent to judicial auctions
Description

Housing from judicial auction in Assignment of Bid in Carolinas Bajas / Campoamor, Alicante, with 4 bedrooms and 2 bathrooms, located in a consolidated environment with strong residential and rental demand. The area has experienced an approximate revaluation of over 80% in the last five years. To bid, you must have your own funds, as the purchase cannot be mortgaged and the property cannot be visited. The acquisition will be made exclusively through the Judicial Auction process. The published price is an indication of the possible award value. All information is publicly available in the Official State Gazette. The property has approximately 112 m² built, an elevator, and an excellent location close to the center of Alicante, Plaza de Toros, shops, public transport, and all services. If you are interested, write to us and we will explain the process step by step. We will accompany you at all times with specialized legal advice. Property with approximately a 25% discount on its estimated market value according to real estate portals and local witnesses.

Features
Elevator
Exterior
Investment Summary
Purchase Price €162,000
Taxes (ITP 10%) + €16,200
Notary Fees + €1,361
Registry Fees + €518
Gestoría Fees + €486
Valuation + Other + €339

Total Investment €180,904
Est. Monthly Rent €1,289/mo
Est. Annual Rent €15,467/yr

Est. Yield 8.55%
Days on Market
1
First seen
2026-05-22
View on Idealista