Flat for sale in Centro, Elche / Elx, Alicante

Investment opportunity: income-producing apartment with rented rooms – Calle Juan Ramón Jiménez, Elche (Alicante)

100 m² · 3 bedrooms · Suite with en-suite bathroom · 2 additional bathrooms · Interior patio · Fully renovated and furnished · Returns from the very first month

For sale: a renovated home rented by the room, with tenants already in place and rental contracts in effect, in one of Elche’s established areas. An ideal opportunity for investors seeking immediate returns with no vacancy period and no renovation management.

Current rental income
Room | Monthly rent
Small room 280 €/month
Standard room 350 €/month
Suite room (with private bathroom) 450 €/month

Total monthly 1,080 €/month

Annual gross income: 12,960 €, with electricity and water utilities paid by the tenants, which minimizes operating costs for the owner and makes management easier.

Why it’s a good investment
Fully renovated apartment: current finishes, new installations, and no additional investment needed before generating income.
Furnished and equipped rooms, with a complete kitchen (fridge, oven, microwave) and a separate laundry area—features that help keep the rooms continuously occupied.
Suite with private bathroom: the highest-rent and most attractive room, a key differentiator versus other room-rental offers in the area.
2 additional bathrooms in addition to the suite’s, avoiding friction between tenants and making shared living easier—an important factor for tenant turnover and staying longer.
Street-level direct access, with no stairs and no shared entrance hall—an added value for both tenants and property upkeep.
Interior patio, an extra space that improves the tenant experience compared with apartments without outdoor areas.
Location in favor of the investment

The property is located in the Sant Jordi neighborhood, a well-established residential area in Elche with good connectivity to the historic center, the train station and bus services, and the main road access routes (A-7 and the Mediterranean motorway). Elche is the third-largest city in the Valencian Community, with a stable demand base for room rentals from workers, university students, and the city’s important industrial and services sector—an element that supports the property’s continued occupancy.

In summary

A real estate asset already renovated and operating, with updated rental income, utility expenses outsourced to the tenants, and a distribution (suite + 2 bedrooms + 2 bathrooms) especially attractive for maximizing the price per room. Ideal for an investor seeking recurring returns from the signing date, with no work and no start-up period.

Calle Juan Ramón Jiménez – Elche (Alicante)
1,080 €/month in current rents | 100 m² | 3 bedrooms + suite | 2 bathrooms | Utilities paid by the tenant.