$1,493,950

Alicante Apartment

  • 16 Beds
  • 8 Baths
  • 4,597 Sqft
  • 1,314 Sqft lot
  • Updated: August 3
  • 5
    Views for last 30 days

About the Property

For sale is a fully renovated apartment building in a highly sought-after central location in Alicante. The property comprises a total of 8 residential units, of which 7 are currently rented under long-term residential lease agreements. This allows the new owner to benefit from immediate rental income and a stable occupancy rate from day one.

Each apartment features a practical layout con
For sale is a fully renovated apartment building in a highly sought-after central location in Alicante. The property comprises a total of 8 residential units, of which 7 are currently rented under long-term residential lease agreements. This allows the new owner to benefit from immediate rental income and a stable occupancy rate from day one.

Each apartment features a practical layout consisting of a living room, kitchen, 2 bedrooms, and 1 bathroom. The building has been extensively modernized, including all plumbing, electrical, and drainage systems, and is presented in a well-maintained condition.

Particularly attractive is the property’s future potential. The currently vacant apartment can be rented out immediately or used according to the buyer’s needs. In addition, there is long-term potential to increase rental income, as some existing rents remain below current market levels. Thanks to its prime location, the strong demand for housing in Alicante, and the building’s excellent rental structure, this property represents an attractive long-term investment with further value appreciation potential.

Key Features

8 residential units

7 apartments currently rented

1 vacant apartment

Fully renovated building

Approx. 427 m² built area

Long-term rental contracts

No homeowners’ association

Prime central location in Alicante

This property offers a rare opportunity to acquire an entire residential building in one of Alicante’s most desirable locations, combining immediate rental income with excellent future potential.

Further documentation and photographs of the individual apartments are available upon request. We will be pleased to provide them and answer any questions you may have about the property.
  • Property type

    Apartment

  • Price/sqft

    $325

Features

  • Renovated
  • Investment Property

Explore the Area

Centro, Alicante, 03001, Spain View on Google Maps
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Smart Properties

Joined 7 years ago
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2019
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Last updated
August 3
First listed
Aug 3
Listing reference
SP4862
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