Delisted ID: 109616738 Carolinas Bajas

Studio flat for sale in Calle Nou D'Octubre

1 Bath • 45 m² • Floor 0

€75,000

AI Analyst
Long-term Rental

"Versatile ground floor studio in Carolinas Bajas, Alicante, with independent entrance and private patio. Offers strong value-add potential via conversion from commercial to residential use, in a well-connected, service-rich neighborhood."

Negotiation Leverage Balanced
Value Add Convert from commercial to residential use; modernize interior finishes
Pros
  • Low entry price for Alicante city center proximity
  • Flexible layout with potential for residential conversion
  • Private patio and independent street access enhance appeal
Cons
  • Currently registered as commercial space—conversion required
  • Ground floor may limit rental premium and privacy
  • Potential for higher vacancy risk due to mixed-use character
Description

EXCLUSIVE For sale: ground floor apartment with independent entrance located on Nou d'Octubre street, in a quiet and well-connected area of Alicante, just a few minutes from the city center. This property represents an excellent investment opportunity, both for those looking to establish their business and for those who want to create a personalized home to measure. With a constructed area of 40 m² and a private patio of 6 m², the space offers a versatile distribution and many possibilities for use. The independent entrance from the street provides privacy and comfort, as well as adapted access for people with reduced mobility via a small ramp at the main door. *Currently, the property is registered as a commercial space, but it has a smoke vent permit granted by the community, which opens the door to its change of use to a home or studio easily and quickly. * Main features: Built area: 40 m². Private patio: 6 m². Independent entrance directly from the street. Adapted access with ramp for disabled people. Smoke vent approved by the community. Possibility of changing the use to a home or studio. Bright, quiet space with good natural ventilation. Ideal location, surrounded by services, public transport, schools and shops. Vitality Viviendas.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €75,000
Taxes (ITP 10%) + €7,500
Notary Fees + €630
Registry Fees + €240
Gestoría Fees + €225
Valuation + Other + €339

Total Investment €83,934
Est. Monthly Rent €870/mo
Est. Annual Rent €10,437/yr

Est. Yield 11.38%
Days on Market
93
First seen
2025-10-20
View on Idealista