Active ID: 112169261 Carolinas Bajas

Flat / apartment for sale in Calle Espronceda, 12

3 Bed • 1 Bath • 109 m² • Floor 2

€235,000

AI Analyst
Long-term Rental

"Fully renovated 3-bedroom apartment in Carolinas Bajas offers immediate rental potential with no upfront refurbishment costs, modern open-plan living, and proximity to key amenities, making it attractive for stable, long-term tenants."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Completely renovated, minimizing capex and vacancy risk
  • Strong location near amenities and public transport, supporting tenant demand
  • Spacious layout with modern finishes, appealing to professional tenants
Cons
  • Interior unit may limit natural light and rental premium
  • Single bathroom could restrict appeal for larger households or coliving
  • Rental yield (~5.7% gross) is moderate for the area, limiting upside
Description

Spacious apartment, completely renovated and ready to move into. The property is located on the second floor with an elevator and stands out for its generous spaces and excellent layout. It features a large living-dining room with an integrated open-plan kitchen, creating a modern, bright, and functional environment. Additionally, it has a balcony, ideal for enjoying the outdoors. The sleeping area offers three spacious bedrooms and a large bathroom, all renovated with quality materials and contemporary finishes. The property has been completely refurbished, so no additional investment is required. It only needs to be furnished and decorated to your taste to make it the perfect home. Located in a highly sought-after area, next to the Archaeological Museum and a short distance from the Bullring. It is surrounded by all kinds of services, supermarkets, shops, educational centers, public transport, and the Plaza Mar shopping center, which guarantees comfort and quality of life on a day-to-day basis. An excellent opportunity both as a primary residence and as an investment.

Features
Elevator
Terrace/Balcony
Investment Summary
Purchase Price €235,000
Taxes (ITP 10%) + €23,500
Notary Fees + €1,974
Registry Fees + €752
Gestoría Fees + €705
Valuation + Other + €339

Total Investment €262,270
Est. Monthly Rent €1,125/mo
Est. Annual Rent €13,498/yr

Est. Yield 5.15%
Days on Market
1
First seen
2026-08-26
View on Idealista