Active ID: 111511641 Campoamor

Flat / apartment for sale in Calle Capitán Amador

3 Bed • 2 Bath • 129 m² • Floor 10

€430,000

AI Analyst
Long-term Rental

"Dual-unit, fully renovated 10th-floor apartment in central Alicante offers flexible layouts, panoramic city views, and strong rental potential, making it a compelling asset for investors seeking yield and capital appreciation in a prime urban location."

Negotiation Leverage Balanced
Value Add Reconfigure layout to maximize bedroom count or optimize for coliving; minor cosmetic upgrades may further enhance appeal.
Pros
  • Flexible dual-apartment configuration increases rental yield and tenant diversification.
  • Prime central location near amenities, public transport, and city attractions.
  • High floor with abundant natural light, panoramic views, and modern renovations.
Cons
  • Gross yield is moderate (~3.2%), limiting attractiveness for yield-focused investors.
  • Potential reconfiguration costs if optimizing for coliving or maximizing bedrooms.
  • Market context unknown; possible exposure to local oversupply or regulatory changes.
Description

We present this magnificent property located next to the Bullring and a few minutes' walk from the Central Market and the center of Alicante, in a consolidated area surrounded by all services, shops, public transport, restaurants, and leisure areas. It is a very special home due to its spaciousness, brightness, and versatility, as it was originally a single apartment and is currently divided into two completely renovated independent apartments, offering multiple possibilities for both a primary residence and investment. The property has approximately 135 m2 built, is entirely exterior, and is located on the 10th floor, which provides excellent natural light and pleasant unobstructed views. The current layout allows for two independent spaces: A first apartment with independent access, living-dining room, separate kitchen, one bedroom, and a full bathroom. A comfortable, functional space ready to move into. A second apartment with independent access, a spacious and very bright living room with access to a balcony, a large fully equipped separate kitchen, and a master bedroom with an en-suite bathroom. Furthermore, thanks to the spaciousness of the living room, there is the possibility of easily creating an additional bedroom. The property also offers the possibility of re-unifying both apartments through a simple renovation, thus recovering a large, spacious family apartment in the heart of Alicante. The building has an elevator, concierge service, and a fantastic communal terrace with impressive panoramic views of the entire city of Alicante. Ideal for: Families seeking space and independence Investors looking for high returns Primary residence + rental income Temporary or long-term rentals Excellent location, surrounded by all services: supermarkets, public transport, restaurants, shops, schools, and leisure areas. Additionally, it is located next to the Bullring and a few minutes' walk from the Central Market and the center of Alicante, making this home an ideal option for enjoying the city on foot. Main features: 135 m2 built 3 bedrooms 2 bathrooms Terrace and balcony 10th exterior floor Elevator Air conditioning Renovated property Very bright Possibility of two independent units Possibility of easily returning to a single home Communal terrace with panoramic views of Alicante A unique property, with a lot of potential and an excellent location in the heart of Alicante.

Features
Elevator
Exterior
Investment Summary
Purchase Price €430,000
Taxes (ITP 10%) + €43,000
Notary Fees + €3,612
Registry Fees + €1,376
Gestoría Fees + €1,290
Valuation + Other + €339

Total Investment €479,617
Est. Monthly Rent €1,131/mo
Est. Annual Rent €13,569/yr

Est. Yield 2.83%
Days on Market
2
First seen
2026-05-21
View on Idealista