Active ID: 107100179 Campoamor

Flat / apartment for sale in Campoamor

1 Bed • 1 Bath • 130 m² • Floor 0

€115,000

AI Analyst
Long-term Rental

"130 m² commercial space in central Campoamor with 3.8m ceilings, private patio, and approved residential conversion—offering flexibility to create two units and capitalize on strong rental demand in a well-connected urban location."

Negotiation Leverage Balanced
Value Add Full residential conversion and potential unit split; modern finishes to maximize rental yield.
Pros
  • Large floor area with high ceilings allows flexible layouts and value-add potential.
  • Approved project and neighbor authorization for residential conversion and new windows.
  • Strong rental yield potential given estimated rent and central location.
Cons
  • Significant upfront renovation and conversion costs required before income generation.
  • Uncertainty around final permitting, construction timeline, and total conversion costs.
  • Single-bedroom configuration may limit appeal unless split into two units.
Description

We present this commercial space with an approved project for its transformation into a dwelling, located in a central area with multiple possibilities. Main features: Surface area: 130 m2, ideal for designing a home tailored to your needs. Condition: To be renovated, with the opportunity to convert it into two independent dwellings. Ceiling height: 3.8 meters, providing spaciousness and brightness. Extras: Private patio and possibility of installing windows on the side facade, authorization granted by neighbors. Privileged location: Located in Carolinas Bajas, with access to: Public transport: Buses. Green areas and children's play areas. Supermarkets, parks, and essential services. ? Sale price: now at only €115,000 Transform this space into the home of your dreams or invest with great possibilities! Contact us for more information and to arrange a visit.? .

Features
Elevator
Exterior
Investment Summary
Purchase Price €115,000
Taxes (ITP 10%) + €11,500
Notary Fees + €966
Registry Fees + €368
Gestoría Fees + €345
Valuation + Other + €339

Total Investment €128,518
Est. Monthly Rent €1,174/mo
Est. Annual Rent €14,083/yr

Est. Yield 10.96%
Days on Market
227
First seen
2025-08-04
View on Idealista