€ 169,000
Villa for sale in Elche / Elx, Alicante
- 124 m2
- 5
- 2
Description
Investment opportunity: apartment in operation with rented rooms – Calle Emilio Hernández Selva, Elche (Alicante)
125 m² · 5 rooms · 4 rooms currently rented · Living room with balcony · Very spacious kitchen · 1 full bathroom and 1 half bath · 3rd floor with elevator · Semi-renovated · Furnished and equipped
A spacious property is for sale in the Carrús neighborhood, Elche, currently operating as a room rental business, with tenants already installed and active contracts. An investment opportunity with immediate profitability, requiring no prior renovation or startup period.
Current rents
Room | Monthly rent
Room 1 | €300/month
Room 2 | €210/month
Room 3 | €240/month
Room 4 | €250/month
Total monthly | €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 property—with a balcony—is kept as a living room, providing a quality common area that fosters coexistence and tenant retention, a key factor in this business model.
Why it is a good investment
Active operation: the buyer acquires an asset generating income from the first month, with no need to search for tenants or furnish the property.
125 m² and great layout: the surface area allows for keeping one room as a living room without sacrificing four rooms for rent, a balance that improves the tenant experience and favors retention.
Very spacious kitchen, with an office area and independent laundry area, essential for the smooth operation of a shared home.
2 bathrooms (1 full bathroom + 1 half bath), an adequate ratio for 4 tenants, reducing friction and improving continuous occupancy.
Elevator, a differential plus in the area that broadens the potential tenant profile.
Utility costs outsourced to tenants, maximizing the net margin for the owner.
The area: rental demand in Carrús, Elche
Carrús is the most populous neighborhood in Elche, with a consolidated and stable rental demand, historically linked to the city's industrial and commercial activity. This translates into a broad base of potential tenants, favored by:
Strong local commerce and competitive prices, which reduce the cost of living for tenants.
Good connectivity to the center of Elche and main road access points (Ronda Oeste, Mediterranean motorway).
Proximity to the General University Hospital of Elche, a generator of housing demand from healthcare personnel and sector workers.
Proximity to the l'Aljub Commercial Park (Carrefour, cinemas, leisure) and its associated economic and labor activity.
Frequent public transport and proximity to the train and bus station.
In summary
A real estate asset in operation, with updated rents, outsourced utility expenses, and a layout (4 rooms for rent + living room + 2 bathrooms) that has already proven its functionality. Ideal for an investor looking for recurring profitability from the moment of signing, in a neighborhood with stable rental demand and good connectivity.
Calle Emilio Hernández Selva – Elche (Alicante)
€1,000/month in current rents | 125 m² | 5 rooms (4 rented + living room) | 2 bathrooms | Elevator | Utilities paid by the tenant.
Features
- Villa
- Bedrooms: 5
- Bathrooms: 2
- Build Size: 124 m2
- Energy Efficiency Rating: In Progress