Active ID: 112749595 Campoamor

Detached house for sale in Calle Pintor Murillo

9 Bed • 4 Bath • 560 m²

€790,000

AI Analyst
Coliving

"Substantial 560 m2 detached building in central Alicante with 9 rooms, two independent dwellings, commercial space, and a large solarium terrace. Flexible layouts and strong rental demand offer significant value for investors seeking scale and versatility."

Negotiation Leverage Balanced
Value Add Modernize ground floor and optimize layouts for coliving
Pros
  • •Large size and multiple units enable high rental income potential
  • •Prime city center location near major amenities and attractions
  • •Terrace and parking add strong tenant appeal
Cons
  • •No elevator in a three-story building may limit tenant pool
  • •No tourist license, restricting short-term rental options
  • •Interior orientation reduces natural light in some areas
Description

We present a three-story residential building with an 8-meter facade, currently configured as a building without horizontal division. This property includes a commercial space, two independent dwellings, and a large solarium terrace, totaling 560 m2 of built area plus an additional 180 m2 for outdoor enjoyment. Located in the heart of Alicante city center, just five minutes from the Central Market and close to iconic landmarks such as the Bullring and El Corte Inglés, it is ideal for both family residential use and strategic real estate investment due to its high demand. The ground floor offers nearly 200 m2, allowing for various options thanks to its interior courtyards that ensure natural light and adequate ventilation. Furthermore, its conversion into larger living spaces can be considered if the urban planning regulations allow. On the first floor, we find a recently renovated home with four bedrooms (three doubles), spacious living rooms, and modern facilities, ideal for vacation rentals or similar operations due to the area's great tourist appeal. The second floor replicates this generous layout but also adds an additional bedroom, offering flexibility for different viable business models. Finally, our spectacular penthouse terrace stands out, already equipped with a barbecue, perfect for creating unique outdoor environments to relax or entertain all year round: from chill-out areas to family dinners under the stars, everything is possible here. In conclusion: This property presents multiple possibilities perfectly adapted even as local markets change, providing solid opportunities within a vibrant urban environment.

Features
Terrace/Balcony
Air Conditioning
Parking
Fitted Wardrobes
Garden
Investment Summary
Purchase Price €790,000
Taxes (ITP 10%) + €79,000
Notary Fees + €6,636
Registry Fees + €2,528
Gestoría Fees + €2,370
Valuation + Other + €339

Total Investment €880,873
Est. Monthly Rent €2,370/mo
Est. Annual Rent €28,440/yr

Est. Yield 3.23%
Low (Estimated)
Days on Market
1
First seen
2026-10-06
View on Idealista