Flats for Sale in Alicante (Province)

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Flat for Sale in Alicante (Alicante)  -  Ref.: a3359

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Flat for Sale in Alicante

Price

125,000 €

Metro 2 Built1,471 €

Area

Built85 m2

District: Distrito 2.
Quarter: Virgen del Remedio.

Residential Zone. In Urban Area.

  • 3 Bedrooms
  • 1 Bathroom
  • 5th Floor
  • Seaside Resort
  • Refurbished

description

Investment Opportunity in Virgen del Remedio, Alicante Apartment for sale on the fifth floor (top) with elevator in a five-storey building. The property, of 85 m², consists of three bedrooms, a bathroom, a separate kitchen with a gallery and a living room with an outdoor balcony. Sale price: €125,000. Rental potential: 900 €/month. Initial Gross Annual Return: 8.64% 5-year Return Projection (including 6% annual revaluation): Total rental income: €54,000 Accumulated capital gain due to revaluation: €42,300 Estimated value of assets in the 5th year: €167,300 Total return on investment (rent + capital gains): €96,300 Combined annualized return (ROI): 12.1% Differentiating features of the investment: Top floor with elevator: It offers luminosity, unobstructed views and privacy, a highly demanded combination. Functional distribution: Three bedrooms that adapt to families or to share a flat, a profile with high demand in the area. Outdoor spaces: Balcony and gallery provide ventilation and spaciousness. Consolidated location in Virgen del Remedio: Family residential neighbourhood par excellence, with a strong and constant demand for rentals. Excellent connectivity: Next to the tram stop (L2) and multiple bus lines, with direct connection to the centre, the University of Alicante and the San Vicente Hospital Full services: All kinds of shops, supermarkets, pharmacies, schools, and the large Lo Morant Park for leisure and sports a few minutes away. Stable investment with high demand: This property represents a low-risk asset due to the strong rental demand in one of the most established and sought-after areas in the north of Alicante. It combines attractive immediate returns with the expectation of continued capital appreciation, taking advantage of the upward trend in the market in the area. Request detailed information, personalized financial projection and visit the property.

features

  • Fitted Kitchen
  • Appliances
  • Storeroom
  • Lift
  • Terrace

surroundings

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

contact the advertiser

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