Active ID: 112800054 Campoamor

Flat / apartment for sale in Avenida Conde de Lumiares

3 Bed • 1 Bath • 90 m² • Floor 3

€38,405

AI Analyst
Avoid

"Auction property in Campoamor offers a low entry price and strong rental yield potential, but lacks elevator, terrace, and exterior views. Unique opportunity for experienced investors willing to navigate auction complexities and legal risks."

Negotiation Leverage Balanced
Value Add Full renovation and legal due diligence required
Pros
  • •Very low purchase price relative to market
  • •Potential for high rental yield if legal issues resolved
  • •Located in established urban area
Cons
  • •Auction process with significant legal and possession risks
  • •No elevator and interior view reduce tenant appeal
  • •Cannot be visited or financed with traditional mortgage
Description

PROPERTY IN AUCTION PROCESS *Visit the GRUPINVAL website for more information. You will find all the auction details and how to get advice to make a sound investment. At GRUPINVAL SUBASTAS, we accompany you throughout the entire process, exhaustively analyzing all the key points of the auction in question. We manage and provide advice on all types of judicial and administrative auctions. In these types of purchases, as a general rule, it is not possible to visit the property or access traditional financing! **DANGER** Auctions can be very risky if not analyzed by a professional in the field. From our website, GRUPINVAL, you will obtain much more information, and we will guide you to win the auction at the best price. Generally, these properties cannot be visited, and traditional financing cannot be accessed. At GRUPINVAL SUBASTAS, we take care of managing the entire auction process, from bidding to taking possession, including bid assignments, so that you have the peace of mind of having a controlled legal and financial process. Contact us for more information. Note: The photographs and exact address may not correspond to the current state. Complete file of this property and the auction process on the GRUPINVAL website, reference GRV-005342.

Features
Investment Summary
Purchase Price €38,405
Taxes (ITP 10%) + €3,840
Notary Fees + €323
Registry Fees + €123
Gestoría Fees + €115
Valuation + Other + €339

Total Investment €43,145
Est. Monthly Rent €1,007/mo
Est. Annual Rent €12,080/yr

Est. Yield 28.0%
Days on Market
0
First seen
2026-10-14
View on Idealista