4-bedroom semi-detached house — 6 km from the Mar Menor – Rental yield potential

Semi-detached house with potential to customise to your taste in El Algar — 6 km from the Mar Menor

Two-storey semi-detached house in El Algar, Cartagena, just 6 km from the Mar Menor. A home with 140 m² built, 4 bedrooms and 2 bathrooms, south-facing, and with rare potential to customise to your taste at this price point in the area.

The house is arranged over two floors. On the ground floor there is a spacious, bright living room, with a sitting room that was originally a garage—and which can be converted back if the new owner prefers—and a separate kitchen. The main entrance faces south, and the staircase up to the first floor has multiple windows that flood the entire interior with natural light.

On the first floor are the 4 bedrooms, also south-facing, each with access to outdoor space: some open onto a balcony over the main street, and another has access to a terrace currently used as a laundry area. The 2 bathrooms complete this floor.

The real standout of this property is its rooftop: a solarium already built with direct views of the Mar Menor. It currently has no internal access—it only requires the construction of a staircase—but once enabled it becomes a private outdoor space with some of the best views in this quiet residential area. The plot also has a small terrace at the entrance, and there is the possibility of building a swimming pool.

This property is a renovation opportunity, and this is reflected in the asking price. It is ready to move into, with water, electricity, and sanitation services connected to the municipal network, and with air conditioning installed in the living room and master bedroom. The materials and finishes are original—aluminum exterior carpentry, hot water is supplied by an electric water heater, and heating is electric. In other words: you can move in and live in it from day one, and renovate it little by little at your own pace according to your taste.

This is not an obstacle, it’s an opportunity: the asking price accurately reflects its current condition, and whoever decides to renovate it will be able to design the house to their liking with the potential for value appreciation that comes from starting with a base so far below the price of an already renovated home in the area.
The property is located on a quiet residential street, with direct access from the main road, within easy reach of supermarkets, restaurants, and public transport.

This is an ideal property for anyone looking for:

A renovation project with genuine potential for value growth, in one of the most promising areas of the Costa Cálida.

A second home by the Mar Menor, with the possibility of enjoying your own rooftop solarium with sea views after a well-planned renovation.

A rental investment, making the most of the 4 bedrooms and the proximity to the beach once renovated.

If you are looking for a property with real potential, a prime location by the Mar Menor and the scope to make it completely your own from scratch, this is your opportunity.

**The advertised price corresponds solely to the value of the property. In addition to this amount, the buyer should allow for:

ITP: 7.75% of the purchase price, the current rate in the Region of Murcia for resale homes.
Notary and Land Registry: approximately €1,000 and €500 respectively, depending on the value of the transaction.
Agency fees: 2.9% + VAT on the sale price, payable by the buyer.