Active
ID: 112347596
Carolinas Bajas
Flat / apartment for sale in Calle de San Carlos, 55
6 Bed • 2 Bath • 130 m² • Floor 4
€420,000
AI Analyst
Coliving"Spacious 130m² top-floor apartment in Carolinas Bajas with 6 rooms, panoramic views, multiple balconies, and potential for roof expansion—offering strong value-add opportunities for creative investors."
Negotiation
Leverage
Balanced
Value Add
Convert to coliving units, modernize interiors, and utilize roof expansion rights.
Pros
- •Large size and flexible layout suitable for coliving or multi-tenant use
- •Each room has a balcony and panoramic views, enhancing rental appeal
- •Potential to expand into roof area for additional units or amenities
Cons
- •Current rental yield is low relative to asking price
- •Likely requires significant renovation to optimize for coliving or maximize returns
- •Unclear legal/structural feasibility of roof expansion—requires due diligence
Description
The owner is selling the entire top floor with the possibility of expanding to the entire roof area. Each room has a balcony, two bathrooms, 5 air conditioners, and two kitchens. Panoramic views from the windows. Write on WhatsApp!
Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price
€420,000
+ Fees & Taxes
+ €48,471
Taxes (ITP 10%)
+ €42,000
Notary Fees
+ €3,528
Registry Fees
+ €1,344
Gestoría Fees
+ €1,260
Valuation + Other
+ €339
Total Investment
€468,471
Est. Monthly Rent
€1,204/mo
Est. Annual Rent
€14,442/yr
Est. Yield
3.08%
Low
(17 Comps)
Days on Market
4
First seen
2026-08-23