Active ID: 110015090 Carolinas Bajas

Flat / apartment for sale in Calle de Donoso Cortés, 24

• Floor 1

€234,500

↓ 1.5% from €238,000
€234,500 2026-05-29
€238,000 2025-12-15
AI Analyst
Coliving

"Spacious 130 m² apartment in central Alicante, currently configured for room rentals with 5 bedrooms and strong cash flow potential, offers immediate income and flexibility for repositioning as a family home or continued coliving investment."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms, improve common areas for higher room rents
Pros
  • Prime location near Alicante center and amenities
  • Currently rented by rooms with strong rental yields
  • Flexible layout allows for repositioning or continued coliving
Cons
  • 1st floor without elevator may limit tenant pool
  • Interior unit (not exterior), potentially less natural light
  • Potential need for modernization to maximize returns
Description

SALE – DONOSO CORTÉS STREET 24, ALICANTE – GREAT OPPORTUNITY FOR INVESTMENT OR HOUSING Spacious apartment for sale located a few steps from the center of Alicante, ideal for both investors and those looking for a spacious home in a consolidated area. Originally, the house had four bedrooms and a living room. Currently, the living room has been converted into an additional bedroom, and the apartment is rented by rooms, with rents between €450 and €550 per month, which guarantees an excellent return from day one. Main features: 130 m² built 1st floor without elevator 5 spacious rooms 2 full bathrooms Exterior facade, bright house Air conditioning Sold furnished and equipped Strategic location near the center, shops, transport and all services An excellent opportunity for investment in room rentals or to convert it back into a spacious family home.

Features
Elevator
Terrace/Balcony
Air Conditioning
Fitted Wardrobes
Investment Summary
Purchase Price €234,500
Taxes (ITP 10%) + €23,450
Notary Fees + €1,970
Registry Fees + €750
Gestoría Fees + €704
Valuation + Other + €339

Total Investment €261,712
Est. Monthly Rent €0/mo
Est. Annual Rent €0/yr

Est. Yield 0.0%
Low (Estimated)
Days on Market
177
First seen
2025-12-15
View on Idealista