€ 185,000
Flat for sale in Carrús Oest - El Toscar, Elche / Elx, Alicante
- 125 m2
- 5
- 2
Description
Investment opportunity: an income-generating apartment with rented rooms – Calle Emilio Hernández Selva, Elche (Alicante)
125 m² · 5 bedrooms · 4 bedrooms currently rented · Living room with balcony · Very spacious kitchen · 1 bathroom and 1 guest toilet · 3rd floor with elevator · Partially renovated · Furnished and equipped
Large home for sale in the Carrús neighborhood, Elche, fully operational as a room-rental property, with tenants already in place and contracts in effect. An investment opportunity with immediate returns, with no need for prior renovation or a start-up period.
Current rental income
Bedroom 1 300 €/month
Bedroom 2 210 €/month
Bedroom 3 240 €/month
Bedroom 4 250 €/month
Monthly total 1,000 €/month
Gross annual income: €12,000, with electricity and water paid by the tenants, which minimizes operating expenses and significantly simplifies management for the owner.
The fifth room of the home —with a balcony— is kept as the living room, providing a quality shared area that supports tenant living and retention, a key factor in this business model.
Why it’s a good investment
Actively operating business: the buyer acquires an asset generating income from the first month, with no need to find tenants or furnish the apartment.
125 m² and great layout: the space allows keeping one bedroom as the living room without giving up four rooms for rent, a balance that improves the tenant experience and supports retention.
Very spacious kitchen, with an office-style area (office) and a separate laundry/airing area, essential for the proper functioning of a shared home.
2 bathrooms (1 bathroom + 1 guest toilet), an appropriate ratio for 4 tenants, reducing friction and improving continuous occupancy.
Elevator, a differential advantage in the area that expands the profile of potential tenants.
Utility bills outsourced to the tenants, maximizing the owner’s net margin.
The area: strong rental demand in Carrús, Elche
Carrús is the most populated neighborhood in Elche, with well-established and stable rental demand, historically linked to the city’s industrial and commercial activity. This translates into a broad base of potential tenants, supported by:
Strong local retail and competitive prices, which reduce tenants’ cost of living.
Good connectivity to the center of Elche and the main road access routes (Ronda Oeste, Mediterranean motorway).
Close to Elche General University Hospital, which generates housing demand from healthcare staff and workers in the sector.
Near Parque Comercial de l'Aljub (Carrefour, cinemas, leisure) and its related economic and work activity.
Frequent public transport, and close to the train and bus station.
In summary
A real-estate asset in operation, with up-to-date rental income, utility costs outsourced to tenants, and a layout (4 rented bedrooms + living room + 2 bathrooms) that has already proven its functionality. Ideal for an investor seeking recurring returns from signing the contract, in a neighborhood with stable rental demand and good connectivity.
Calle Emilio Hernández Selva – Elche (Alicante)
1,000 €/month in current rental income | 125 m² | 5 beds (4 rented + living room) | 2 bathrooms | Elevator | Utilities paid by the tenant.
Features
- Flat
- Bedrooms: 5
- Bathrooms: 2
- Build Size: 125 m2
- Energy Efficiency Rating: In Progress