Active ID: 111800745 Carolinas Bajas

Flat / apartment for sale in Calle General Elizaicin

3 Bed • 1 Bath

€160,000

AI Analyst
Coliving

"Well-located 87 m² apartment in Carolinas Bajas, Alicante, offering flexible layout potential for up to five bedrooms, making it highly attractive for coliving or room-by-room rental strategies in a high-demand rental market."

Negotiation Leverage Balanced
Value Add Reconfigure layout to add bedrooms and a second bathroom; modernize interiors
Pros
  • Strong rental demand due to location near services and transport
  • Flexible floor plan allows for value-add renovations and increased rental yield
  • Elevator and exterior orientation enhance tenant appeal
Cons
  • Requires renovation to maximize rental income
  • No terrace or outdoor space, limiting appeal for some tenants
  • Potential market saturation risk if many similar coliving units emerge
Description

HVC0033 – A HOME WITH MORE POTENTIAL THAN YOU IMAGINE Some homes are bought to live in, and others are bought because they represent an opportunity. In this case, both aspects coincide. We present this 87 m² built home, located in a consolidated area of Alicante with high demand for both residential and rental properties, making it a very interesting option for those seeking their next home and, at the same time, an asset with enormous profitability potential for investors. The home currently has three bedrooms, one bathroom, an exterior living-dining room, a kitchen, and an interior gallery. Its layout stands out for the excellent use of the built area, minimizing wasted space and offering multiple redistribution possibilities. For a family, the home offers a solid foundation to personalize and update to their taste, even allowing for the consideration of creating a second bathroom to improve daily comfort and increase its future value. However, where this property truly shines is in its investment potential. Thanks to the current layout, there is the possibility of considering an interior redistribution that would allow for up to five bedrooms and two bathrooms, through a low-cost renovation estimated between €1,800 and €2,400, leveraging much of the existing configuration. Under a conservative room rental scenario: * 3 main bedrooms: €300/month each. * 2 additional bedrooms: €260-€280/month each. * Expenses passed on to tenants: €60/month per room. Estimated income: Conservative scenario: €1,420/month + €300/month expenses = €1,720/month. Optimized scenario: €1,460/month + €300/month expenses = €1,760/month. Estimated gross annual profitability: Between €20,640 and €21,120 annually. The area has constant rental demand due to its proximity to services, shops, public transport, educational centers, and quick connections to the rest of the city, factors that help maintain high and stable occupancy throughout the year. A property that offers two very clear paths: enjoy it as a primary residence or turn it into a real estate asset with profitability that is difficult to find in the current market. If you are looking for usable space, real appreciation potential, and a property capable of adapting to different buyer profiles, this home is worth a visit.

Features
Elevator
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €160,000
Taxes (ITP 10%) + €16,000
Notary Fees + €1,344
Registry Fees + €512
Gestoría Fees + €480
Valuation + Other + €339

Total Investment €178,675
Est. Monthly Rent €0/mo
Est. Annual Rent €0/yr

Est. Yield 0.0%
Unknown (Estimated)
Days on Market
0
First seen
2026-06-24
View on Idealista