Alicante
Rental yield in Carolinas Altas
Carolinas Altas is an affordable area for Alicante, with a high rental yield and a Total Return above the city average. Here is what a typical flat in Carolinas Altas costs to buy and rent, and the Total Return (IRR) it delivers, compared with the other areas of Alicante.
Sale price
1,923
€/m² · second-hand homes
Rent
12.8
€/m² per month · market rate
Gross yield
8.0%
annual rent ÷ price
Total Return
14.0%
10-year IRR · typical flat
Appreciation
+6.5%
a year, 10-15 year history
Cash flow
€202
per month, year 1, after tax
What the data says
Carolinas Altas is an area of Alicante. The reference sale price is €1,923/m², based on the Fotocasa index adjusted to transaction prices: 31% below the Alicante median (€2,802/m²). It ranks 20 of 21 neighbourhoods in Alicante by price.
The achievable market rent is around €12.8/m² per month (district figure adjusted to the neighbourhood's rent structure; idealista asking rents adjusted to achievable rent): about €1,152 a month for a typical 90 m² flat, with no legal cap. The gross yield (annual rent ÷ price) comes to 8.0%, 2.9 points above the city median (5.1%): rank 1 of 21 by gross yield.
With a 70% mortgage at 3.80% over 25 years and a sale after 10 years, the estimated Total Return (IRR) for that typical flat is 14.0%, above the Alicante median (9.8%). It takes about €69,557 of cash (deposit, taxes and costs), and first-year cash flow after tax is €202 a month.
Asking prices in its district have grown by an average of 6.5% a year over the last 10 and 15 years (idealista, December 2025), capped at the 6.5% we apply in the IRR. Historical, not a forecast: it is the appreciation the modelled sale assumes.
A typical flat in Carolinas Altas
The same standard assumptions as the CasaROI map: change the mortgage, term or tax profile in your account and the Total Return is recalculated for your case.
- Size
- 90 m²
- Purchase price
- €173,070
- Monthly rent
- €1,152
- Cash needed · deposit + transfer tax + costs
- €69,557
- Monthly cash flow (year 1)
- €202
- Total Return (IRR)
- 14.0%
Assumptions: 70% mortgage over 25 years at 3.80%, sale after 10 years, Spanish tax resident at a 37% marginal rate, no renovation.
Nearest areas, ranked by gross yield
| Area | €/m² | Rent €/m² | Gross | IRR |
|---|---|---|---|---|
| Carolinas Altas | 1,923 | 12.8 | 8.0% | 14.0% |
| Pla de Bon Repós | 2,108 | 13.1 | 7.5% | 13.4% |
| Goteta | 2,475 | 14.0 | 6.8% | 12.7% |
| Mercado | 2,802 | 12.7 | 5.4% | 9.8% |
| Barrio del Centro | 3,727 | 15.1 | 4.9% | 9.1% |
| Raval Roig - Virgen del Socorro | 3,695 | 14.6 | 4.7% | 10.1% |
| Vistahermosa | 2,804 | 11.0 | 4.7% | 6.8% |
| Casco Antiguo - Sta. Cruz - Ayuntamiento | 3,901 | 14.5 | 4.5% | 8.5% |
| Ensanche - Diputación | 3,366 | 12.2 | 4.3% | 7.3% |
Frequently asked questions
How much does a square metre cost in Carolinas Altas?
€1,923/m² on average, based on the Fotocasa index adjusted to transaction prices. A typical 90 m² flat costs about €173,070, 31% below the Alicante median.
How much is rent in Carolinas Altas?
Around €12.8/m² per month at market rates: €1,152 a month for a 90 m² flat, with no legal cap.
Is Carolinas Altas a good buy-to-let investment?
The gross yield is 8.0% (Alicante median: 5.1%). With a 70% mortgage and a sale after 10 years, the estimated Total Return (IRR) is 14.0% against a city median of 9.8%. It depends on your financing and tax residency: with your own profile the number can change.
Is Carolinas Altas in a stressed rental zone?
No. Alicante is not a declared stressed rental zone: rents are set by the market, with no legal cap.
Buying in Carolinas Altas?
Paste the listing and we tell you whether it holds up at that price: legal rent, taxes, red flags and a verdict.
Sources and method
- Sale: Fotocasa · neighbourhood sale-price index (June 2026) · ÷1,13 a precio de transacción (calibrado vs registral Madrid/BCN)
- Rent: idealista · informe de alquiler por neighbourhood donde se publica, si no ancla del district/city (June 2026) ajustada a renta alcanzable (×0,95) con la estructura declarada SERPAVI del neighbourhood (Sistema Estatal de Índices 2024)
- Appreciation: average of the 10- and 15-year rates of the area's asking price — historical, not a forecast