Active ID: 110942625 Campoamor

Flat / apartment for sale in Calle Capitán Amador

3 Bed • 2 Bath • 129 m² • Floor 10

€459,000

↓ 3.4% from €475,000
€459,000 2026-04-23
€475,000 2026-03-18
AI Analyst
Long-term Rental

"Versatile, centrally located Alicante apartment split into two independent dwellings, fully renovated and ideal for dual rental streams or flexible owner-occupier use. Strong urban amenities and modern finishes enhance its investment appeal."

Negotiation Leverage Balanced
Value Add Optimize layouts for maximum bedroom count and rental yield; minor cosmetic upgrades for premium rents.
Pros
  • Dual independent units maximize rental flexibility and income potential
  • Fully renovated, turnkey condition reduces immediate capex
  • Prime central location with strong tenant demand and urban amenities
Cons
  • Gross yield is modest for the price point in Alicante
  • Community fees (€80/month) and taxes reduce net yield
  • Limited upside for further value-add beyond minor improvements
Description

Spacious renovated apartment in Alicante, central area, with two independent dwellings We present this magnificent renovated apartment located in Alicante, in a central area, surrounded by all the services and amenities that make everyday life much more convenient: shops, supermarkets, public transport, leisure areas, restaurants, medical centres, and everything you may need just a short walk away. This property was originally a single apartment and has been fully renovated and redistributed into two independent dwellings, both in excellent condition and ready to move into. It is a highly versatile property, ideal both for those seeking an attractive investment opportunity and for families who need space, independence, or even the possibility of combining a main residence with rental use. Upon entering the property, we find an entrance hall with two access points, allowing independent entry to each dwelling. The first dwelling, with a comfortable and practical layout, offers two double bedrooms, a separate kitchen, a full bathroom, and a balcony. Everything is in perfect condition, providing a cosy, well-designed, and highly functional living space. The second dwelling, which is larger, also has its own independent entrance. It is arranged around a hallway leading to a spacious fully equipped separate kitchen, with access to the living room and to the main double bedroom, which features an en-suite bathroom. In addition, this dwelling includes a second full bathroom with a bathtub, adding even more comfort to the property. Particularly noteworthy is the spacious living room, filled with natural light and with access to a balcony offering pleasant urban views. This area currently also includes an adapted double bed, as its generous size makes it easy to create an additional bedroom, meaning that this second dwelling could offer two bedrooms. In short, this is a unique apartment, tastefully renovated, very well located, and with multiple possibilities of use. Economic information about the property: The costs associated with the property are as follows: Property tax (IBI): 380 Waste collection tax: *** Community fees: 80/month Water, electricity and gas supplies: according to consumption Acquisition and transfer costs: The costs arising from the acquisition and transfer of the property, to be paid by the buyer, are as follows: 10% transfer tax (ITP) or VAT, as applicable Notary fees: to be estimated Property Registry fees: to be estimated Administrative processing fees: to be estimated All these amounts will be added to the sale price and paid by the buyer.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €459,000
Taxes (ITP 10%) + €45,900
Notary Fees + €3,856
Registry Fees + €1,469
Gestoría Fees + €1,377
Valuation + Other + €339

Total Investment €511,940
Est. Monthly Rent €1,087/mo
Est. Annual Rent €13,046/yr

Est. Yield 2.46%
Days on Market
45
First seen
2026-03-18
View on Idealista