4 Bed • 2 Bath • 100 m² • Floor 1
"Versatile 4-bedroom, 2-bathroom flat in Campoamor, Alicante, already generating strong rental yields (8-9%) via room-by-room letting, with low fixed costs and potential for value-add through minor reconfiguration."
Housing for sale on Calle Capitán Rueda, in the Campoamor area (Alicante), first floor without elevator, with over 100 m2 built. The property is in good general condition. It is currently distributed into 4 bedrooms and 2 bathrooms. At the moment, 3 of the bedrooms are rented, which allows for continued operation as a room rental from day one if you wish to continue as an investment. Historically, it has generated approximately €14,500 annually, representing a gross profitability close to 8-9% of the current sale price. It is a very versatile property, ideal for both investors and those looking for a spacious main residence in the area. If you wish to keep it as an investment, it already has an optimized layout for room rentals and reduced fixed expenses: IBI approximately €180 per year, garbage collection around €90 per year, and community fees around €25 per month. If the buyer is looking for a property for personal use, it is important to know that the current layout is designed for rooms and does not have a traditional spacious living room. With a simple redistribution, by removing a partition and reorganizing spaces (estimated investment of around €2,000-€3,000), it can be easily adapted into a comfortable home with a large and sunny living room, taking advantage of its over 100 m2 built and the 2 bathrooms. Located in a well-established area of lower Campoamor, with all services nearby, it is an interesting opportunity due to its price per square meter and the potential it offers. For more information or to arrange a viewing, do not hesitate to contact us. *This information is purely for informational purposes and is not contractual. It may be subject to modifications or errors. Expenses and taxes are not included. Consult our advisors for detailed information.