Flat / apartment for sale in Calle Luis Braille, 11
• Floor 0
AI Analyst
Avoid"Deeply discounted apartment in Campoamor, Alicante, offered exclusively to investors due to illegal occupation and lack of access. The asset’s price reflects significant legal and operational risks, but offers potential upside if resolved."
Pros
- •Significant price discount versus market due to occupation
- •Located in established Campoamor area of Alicante
- •Building has elevator and is exterior-facing
Cons
- •Illegally occupied—no access or control over asset
- •No rental income possible until occupation resolved
- •Legal costs and eviction timeline highly uncertain
Description
OPPORTUNITY FOR INVESTORS ONLY. The asset is occupied by a person without just title. Due to the occupational status of the asset, visits to it cannot be made. Second-hand apartment for sale located in Alicante. The property is illegally occupied by third parties and without properly contracted utilities. The sale price of this property has been determined based on the aforementioned circumstances, which have resulted in a lower value of the same and which must be expressly accepted by the acquirer in the formalization of the property transfer.