Active ID: 106526325 Campoamor

Flat / apartment for sale in Calle Maestro Caballero

4 Bed • 2 Bath • 93 m² • Floor 3

€154,900

AI Analyst
Coliving

"Well-located 4-bedroom apartment in Campoamor with strong rental history, vacant and ready for immediate income. Elevator approved, flexible layout, and proximity to amenities make this a compelling value-add investment opportunity."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms; reconfigure layout for improved common areas and bedroom count
Pros
  • Prime location near transport, shops, and green spaces
  • Vacant with proven rental income history (€1,300/month by room)
  • Elevator installation approved, enhancing accessibility and value
Cons
  • Requires renovation to maximize rental yield and appeal
  • Potential disruption during elevator installation
  • Interior bedrooms may limit desirability for some tenants
Description

Investment Opportunity in Campoamor — Elevator Approved by the Board Discover this 4-bedroom (2 exterior, 2 interior) and 2-bathroom home, located in the heart of Campoamor, one of the city's most sought-after neighborhoods due to its strategic location and dynamic atmosphere. Just steps away from grocery stores, public transport, and green spaces like San Fernando Castle, this property combines comfort and connectivity, making it perfect for both students and young professionals looking to live close to everything. Ideal for investors: the property is currently vacant, although it has historically been rented by rooms, generating an income of approximately €1,300/month. It features a fully equipped shared kitchen, ready to resume this profitability from day one. With great renovation potential: the current layout allows, if desired, for the removal of the wall between the two exterior bedrooms to create a very spacious living room with an open-plan kitchen and abundant natural light, thus converting the current kitchen into an additional bedroom. The result would be a bright and very spacious home, with 3 bedrooms and 2 bathrooms, ideal for those seeking a spacious and customized home—with the added benefit of a future elevator already approved by the community. An excellent opportunity for both investors seeking immediate profitability and buyers who want to transform it into their ideal home, in one of the areas with the greatest potential for appreciation. *Buyer Information: * The advertised price does not include the Property Transfer Tax (ITP), notary fees, Property Registry fees, or, where applicable, those derived from financing or other expenses. Please consult with the agency. *Legal Notice: * The information contained in this advertisement is purely informative, not contractual, and may contain errors, price changes, or omissions.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €154,900
Taxes (ITP 10%) + €15,490
Notary Fees + €1,301
Registry Fees + €496
Gestoría Fees + €465
Valuation + Other + €339

Total Investment €172,990
Est. Monthly Rent €1,129/mo
Est. Annual Rent €13,550/yr

Est. Yield 7.83%
Days on Market
0
First seen
2026-07-17
View on Idealista