Flats for Sale in Alicante (Province)

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Flat for Sale in Alicante (Alicante)  -  Ref.: a3326

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Flat for Sale in Alicante

Price

94,900 €

Metro 2 Built1,217 €

Area

Built78 m2

District: Distrito 2.
Quarter: Virgen del Remedio.

Residential Zone. In Urban Area.

  • 3 Bedrooms
  • 1 Bathroom
  • 4th Floor
  • Furnished
  • Seaside Resort
  • Refurbished

description

Investment Opportunity in Virgen del Remedio, Alicante REF-a3326 Apartment of 78 square meters for sale on the fourth floor, with 3 bedrooms, 1 bathroom, kitchen and living room. Building without elevator. Sale price: 94,900 euros. Rental potential: 800 euros per month. Annual rental yield: 10.1% (9,600 euros per year / 95,000 euros). 5-year projection including revaluation (6% per annum): Rental income: 48,000 euros Accumulated capital gain: 32,000 euros Property value in the 5th year: €127,000 Total return on investment: 80,000 euros Combined annualized return: 9.8% Key features of the investment: Consolidated residential area with high rental demand Excellent public transport connection (L4 tram and buses) Full services in proximity: schools, supermarkets, Lo Morant Park Ideal for stable tenant profiles (families, professionals) Advantages for the investor: Affordable entry with high initial profitability Constant historical revaluation in the area Opportunity to optimize the property and increase its value Request detailed information and visit without obligation.

features

  • Fitted Kitchen
  • Appliances
  • Exterior
  • Terrace

surroundings

  • Shopping Malls
  • Teaching Institutions
  • Cultural Centres
  • Leisure Centres
  • Green Zones

transport network

  • Bus Services
  • Underground/Tramcar Services

contact the advertiser

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