Active ID: 112356889 Raval Roig - Virgen del Socorro

Flat / apartment for sale in Virgen Del Socorro, 66

5 Bed • 2 Bath • 126 m² • Floor 1

€234,000

AI Analyst
Coliving

"Spacious 126 m² five-bedroom apartment with terrace and elevator, just steps from the beach and Alicante’s historic castle. Strong coliving potential and solid structure offer attractive yield after modernization in a prime Raval-Roig location."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms
Pros
  • •Five bedrooms maximize rental flexibility and income potential
  • •Prime location near beach and historic sites enhances tenant appeal
  • •Elevator and terrace increase desirability for coliving tenants
Cons
  • •Requires renovation to reach full rental potential
  • •No parking, which may deter some tenants
  • •First day on market limits immediate negotiation leverage
Description

Apartment for Sale - Calle Virgen del Socorro Discover your home in the heart of the historic district! We present this magnificent 126 m² apartment located on the iconic Calle Virgen del Socorro, just a 3-minute walk from the beach and next to the castle. A privileged location that combines residential tranquility with immediate access to the sea and the area's historic heritage. This spacious and bright exterior first-floor home offers an exceptional layout with five versatile bedrooms, perfect for adapting to your needs. Each room can function as a bedroom, office, or guest area, giving you the flexibility you are looking for. The living-dining room is spacious and flooded with natural light thanks to its north-east orientation, creating a welcoming atmosphere for the whole family. The kitchen is fully equipped and connects to a practical adjoining gallery, ideal for expanding workspace or storage. The property is completed by a full bathroom and a half-bath, ensuring comfort for all residents. In addition, you will enjoy a charming terrace and balcony where you can relax with views of the historic district. This 1975 property is ideal for families looking for space and a good layout. Although it requires some renovations to modernize, its structure is solid and offers great potential for improvement. Don't miss this opportunity in such a privileged location!

Features
Elevator
Terrace/Balcony
Exterior
Investment Summary
Purchase Price €234,000
Taxes (ITP 10%) + €23,400
Notary Fees + €1,966
Registry Fees + €749
Gestoría Fees + €702
Valuation + Other + €339

Total Investment €261,155
Est. Monthly Rent €1,400/mo
Est. Annual Rent €16,800/yr

Est. Yield 6.43%
Days on Market
0
First seen
2026-10-05
View on Idealista