Active ID: 110737033 Campoamor

Flat / apartment for sale in Calle del Capitán Rueda

4 Bed • 2 Bath • 100 m² • Floor 1

€169,000

AI Analyst
Coliving

"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."

Negotiation Leverage Balanced
Value Add Reconfigure layout to create a larger living room (~€2,000-€3,000) or modernize finishes for higher rents.
Pros
  • Strong historical gross yield (8-9%) with existing tenants
  • Low annual fixed costs (IBI, garbage, community fees)
  • Flexible layout suitable for coliving or conversion to family use
Cons
  • First floor without elevator may limit tenant pool
  • Current layout lacks a traditional living room
  • Potential vacancy risk if room rental demand softens
Description

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.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €169,000
Taxes (ITP 10%) + €16,900
Notary Fees + €1,420
Registry Fees + €541
Gestoría Fees + €507
Valuation + Other + €339

Total Investment €188,706
Est. Monthly Rent €1,081/mo
Est. Annual Rent €12,975/yr

Est. Yield 6.88%
Days on Market
6
First seen
2026-02-25
View on Idealista