Active ID: 112190216 Campoamor

Flat / apartment for sale in Calle Alférez Díaz Sanchis

2 Bed • 1 Bath • 83 m² • Floor 2

€135,000

AI Analyst
Long-term Rental

"Spacious 2-bedroom apartment in central Campoamor, Alicante, priced below area average at €1,607/m². Offers strong value-add potential through renovation, with attractive rental yields and proximity to city amenities."

Negotiation Leverage Balanced
Value Add Full interior renovation (kitchen, bathroom, finishes) and possible redistribution to optimize layout
Pros
  • Below-market price per m² allows for renovation budget
  • Strong rental demand due to central location and amenities
  • Large living room and flexible layout increase appeal
Cons
  • No elevator, limiting appeal for some tenants or buyers
  • Requires full renovation, increasing upfront capital outlay
  • Second bedroom is interior-facing, reducing natural light
Description

84 m² APARTMENT WITH GREAT POTENTIAL IN CAMPOAMOR – ALICANTE | €135,000 An opportunity for both a primary residence and an investment in one of Alicante's most established areas. For sale: an 84 m² built property, located on the second floor without an elevator, in the Campoamor area, next to the ADDA and just a few minutes from the center of Alicante. The property stands out especially for its spacious rooms and possibilities for redistribution, making it a property with great potential to be adapted to the future owner's needs or to plan an investment project. Currently, the layout features two bedrooms: - Master bedroom of approximately 14 m², exterior, spacious and bright, with laminate flooring. - Second bedroom of about 8 m², facing an interior patio. The living room is one of the property's great attractions, with approximately 22 m², exterior and with a glazed balcony, offering a large space that can become the true heart of the home. The kitchen has access to a utility gallery. It is currently completely empty, without furniture or appliances, which allows it to be designed and equipped from scratch according to the buyer's taste and needs. The property also has a full bathroom equipped with a bathtub, completing the current layout of the property. A PARTICULARLY INTERESTING LOCATION FOR INVESTMENT: The property is located in Campoamor, an established urban area very close to the center of Alicante. Alférez Díaz Sanchis street is located near the Alicante Provincial Council Auditorium (ADDA), the Bullring, the Central Market, and the city center, with shops, supermarkets, restaurants, and services in the surrounding area. It also has good public transport connections. Proximity to the center makes the area in demand by both residents and people looking for rental housing. Taking a potential rent of €900/month as a reference, the property would generate about €10,800 in gross annual income, which implies an APPROXIMATE GROSS YIELD OF 8% PER YEAR ON THE PURCHASE PRICE, although the final rent will depend on the condition, layout, equipment, and specific characteristics of each property. Furthermore, according to market data published for the area, Campoamor recorded an average sale price of approximately €2,226/m² in 2026, figures that serve as a reference to assess the potential of the operation. At a price of €135,000, the property starts at approximately €1,607/m² built, which leaves room for a buyer to consider a renovation and redistribution that would increase its appeal and rental potential. Ideal for those looking to create their own custom home or for an investor who wants to study a renovation and subsequent rental project. (To help better visualize the potential of the property, some of the images in the ad have been created using digital home staging). Legal and Economic Information: Please be informed that the published sale price does not include the additional expenses that will be passed on to the buyer. The agency's real estate brokerage fees, which amount to 3% + VAT, calculated on the final sale price, will be added to the indicated price. Likewise, the price does not include taxes derived from the sale (ITP or VAT), notary fees, property registry registration expenses, or administrative management expenses, the exact amount of which depends on the personal circumstances of the buyer and the operation. The graphic and descriptive information in this advertisement is purely indicative and lacks contractual value. The statements and documents provided by this agency are merely commercial in nature and do not in any case constitute legal, tax, financial, technical, or urban planning advice.

Features
Elevator
Exterior
Investment Summary
Purchase Price €135,000
Taxes (ITP 10%) + €13,500
Notary Fees + €1,134
Registry Fees + €432
Gestoría Fees + €405
Valuation + Other + €339

Total Investment €150,810
Est. Monthly Rent €973/mo
Est. Annual Rent €11,671/yr

Est. Yield 7.74%
Days on Market
4
First seen
2026-08-23
View on Idealista