Active ID: 111148874 Campoamor

Flat / apartment for sale in Campoamor

4 Bed • 3 Bath • 177 m²

€485,000

AI Analyst
Long-term Rental

"Fully renovated townhouse in central Alicante, split into three independent apartments with private terraces and strong urban appeal, offering flexible rental configurations and significant income potential in a vibrant, walkable neighborhood."

Negotiation Leverage Balanced
Value Add Convert rooftop storage to fourth rental unit or premium amenity space
Pros
  • Three independent apartments maximize rental flexibility and income streams
  • Prime central location near amenities and cultural attractions
  • Large private terraces, including a 50 m² space with jacuzzi, enhance tenant appeal
Cons
  • No elevator, which may limit tenant pool for upper floors
  • Estimated rent yields are moderate relative to purchase price
  • Limited exterior exposure may affect natural light and ventilation
Description

Located in the heart of Alicante, in the vibrant neighbourhood of Campoamor, this fully renovated townhouse offers a unique combination of charm, versatility and urban convenience. Just steps from the historic Plaza de Toros, the Auditorio ADDA, restaurants, cafés and shops, the property is perfectly positioned for enjoying the city on foot. Distributed across two floors plus a rooftop level, the home contains three fully independent apartments, making it ideal for investors seeking rental potential or for large families needing flexible living arrangements. With private terraces, a patio, high ceilings and modern finishes, this townhouse represents a rare opportunity in one of Alicante's most connected and authentic central areas. Lower Floor: Apartment 1 On the entrance floor, we find the largest apartment of approximately 75 square meters. The apartment is designed in a modern studio feel with open, airy spaces and generous ceiling height. The open kitchen is well-equipped with complete machinery and a practical kitchen island. From the kitchen, you reach a private courtyard/patio of approximately 20 square meters, perfect for outdoor breakfasts. The sleeping area is open to the rest of the apartment, with the bathroom directly connected. First Floor: Apartments 2 and 3 The first floor accommodates two more separate apartments, both complete with their own kitchens and bathrooms. One is an efficient studio with its own balcony. The second apartment has a more traditional design with a separate bedroom. Second Floor: Roof terraces Upstairs we reach a space of approximately 15 square meters. This room is currently used as storage space, but has great potential to easily be converted into a fourth bedroom with bathroom, or perhaps a summer kitchen for serving on the terrace. From this space you have access to the property's two impressive terraces: The largest terrace, located at the back, is approximately 50 m2, completely private and equipped with a jacuzzi. The terrace at the front measures approximately 25 m2. This division makes the property ideal for investment, rental or for a large family looking for multi-generational living.

Features
Terrace/Balcony
Air Conditioning
Investment Summary
Purchase Price €485,000
Taxes (ITP 10%) + €48,500
Notary Fees + €4,074
Registry Fees + €1,552
Gestoría Fees + €1,455
Valuation + Other + €339

Total Investment €540,920
Est. Monthly Rent €1,900/mo
Est. Annual Rent €22,800/yr

Est. Yield 4.22%
Days on Market
6
First seen
2026-04-10
View on Idealista