Active ID: 110676281 Campoamor

Flat / apartment for sale in Calle Teniente Aguado

4 Bed • 1 Bath • 130 m² • Floor 3

€178,000

AI Analyst
Coliving

"Spacious 130 m² south-facing apartment in Campoamor, Alicante, offers flexible redevelopment potential—ideal for coliving or multi-unit rental strategies, with open views, balconies, and proximity to amenities and transport."

Negotiation Leverage Balanced
Value Add Full renovation to create multiple rental units or modern coliving spaces
Pros
  • Large floor area (130 m²) allows for flexible layouts and multiple units
  • Excellent natural light and open views, including partial sea and castle views
  • Strong location near amenities, transport, and within walking distance to the beach
Cons
  • Full renovation required, increasing upfront capital expenditure and project risk
  • 3rd floor without elevator may limit tenant pool and reduce rental premiums
  • Potential market saturation or regulatory constraints for coliving/multi-unit conversions
Description

130 m2 property for sale located in the Campoamor neighborhood, Alicante, in a pleasant green area at the foot of the mountain, with excellent south-facing orientation ensuring natural light throughout the day. The property is sold for full renovation, allowing the development of any type of project: a spacious primary residence, redistribution into several units, room rentals, or the creation of independent studios. The property is already partially prepared to begin renovation work: most of the debris has been removed and some partition walls have been demolished. It features two balconies: one with open views over the neighborhood and green areas, with no buildings directly in front, and another facing the interior courtyard. From the main balcony, there is a slight view of the sea. Located on the 3rd floor without an elevator, the second-to-last level of the building, with direct access to the rooftop and a large communal solarium. From the rooftop, there are open views of the city and the iconic Santa Bárbara Castle, especially attractive at night and during local celebrations. Includes a private 8 m2 storage room. Strategically located with bus stops in all directions, 10 minutes by public transport or 20 minutes on foot from the beach, surrounded by all amenities: supermarkets, schools, sports facilities, and shops. An asset with excellent location, spaciousness, and versatility, ideal for an investment project or personalized development.

Features
Elevator
Exterior
Investment Summary
Purchase Price €178,000
Taxes (ITP 10%) + €17,800
Notary Fees + €1,495
Registry Fees + €570
Gestoría Fees + €534
Valuation + Other + €339

Total Investment €198,738
Est. Monthly Rent €1,150/mo
Est. Annual Rent €13,800/yr

Est. Yield 6.94%
Days on Market
6
First seen
2026-02-25
View on Idealista