Active
ID: 112419952
Carolinas Bajas
Flat / apartment for sale in Calle de Martínez de Velasco, 8
5 Bed • 2 Bath • 107 m² • Floor 1
€190,000
AI Analyst
Coliving"Spacious, fully furnished 5-bedroom apartment in Carolinas Bajas, recently operated as a high-yield room rental, offers immediate income potential with modern amenities and minimal upfront work required."
Negotiation
Leverage
Balanced
Value Add
Minor cosmetic upgrades to common areas
Pros
- •Turnkey investment with proven rental history
- •High room count maximizes rental income
- •Modern kitchen and amenities reduce capex
Cons
- •Potential tenant turnover risk in room rentals
- •Area may have moderate demand volatility
- •Older building may require future maintenance
Description
Bright apartment for sale, consisting of five exterior rooms. It was rented out by the room with high profitability. It has two bathrooms and a renovated kitchen, furnished with all the extras, television in two of the rooms, air conditioning, and radiators for heating in all of them. If you are looking for an investment product, it is perfect, ready to operate from minute one.
Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price
€190,000
+ Fees & Taxes
+ €22,113
Taxes (ITP 10%)
+ €19,000
Notary Fees
+ €1,596
Registry Fees
+ €608
Gestoría Fees
+ €570
Valuation + Other
+ €339
Total Investment
€212,113
Est. Monthly Rent
€1,134/mo
Est. Annual Rent
€13,609/yr
Est. Yield
6.42%
Low
(61 Comps)
Days on Market
0
First seen
2026-09-07