Flat for sale in Elche / Elx, Alicante

Investment Opportunity: Apartment with Rented Rooms – Juan Ramón Jiménez Street, Elche (Alicante)

100 m² · 3 Bedrooms · Master Suite with Ensuite Bathroom · 2 Toilets · Interior Patio · Fully Renovated and Furnished · Income from First Month

Renovated apartment for sale, currently rented by the room, with tenants already in place and contracts in effect, in one of Elche's established neighborhoods. An ideal opportunity for investors seeking immediate returns without a grace period or renovation management fees.

Current Rental Rates

Room Monthly Rent

Small Room €280/month

Standard Room €350/month

En-suite Room (with private bathroom) €450/month

Total Monthly Income €1,080/month

Gross annual income: €12,960, with utilities (electricity and water) paid by the tenants, minimizing operating expenses for the owner and simplifying management.

Why it's a good investment

Fully renovated apartment: modern finishes, new installations, and no additional investment required before generating income.

Furnished and equipped rooms, with a full kitchen (refrigerator, oven, microwave) and separate laundry room, making it easy to keep rooms occupied continuously.

En-suite Room: the highest-rent and most attractive room, a key differentiator compared to other room rentals in the area.

Why it's a good investment: Two additional bathrooms besides the one in the suite prevent friction between tenants and facilitate harmonious living, a key factor in tenant turnover and retention.

Direct street access, without stairs or a shared entrance, is an added value for both tenants and building maintenance.

An interior patio provides extra space that enhances the tenant experience compared to apartments without outdoor areas.

The location is a boon for investment.

The property is located in the Sant Jordi neighborhood, a well-established residential area of Elche with excellent connections to the historic center, the train and bus stations, and major highways (A-7 and the Mediterranean Highway). Elche is the third largest city in the Valencian Community, with a stable base of demand for room rentals from workers, university students, and the city's significant industrial and service sectors—a factor that promotes continuous occupancy of the property.

In summary

A fully renovated and operational property with current rental income, utilities paid by the tenants, and a layout (suite + 2 bedrooms + 2 bathrooms) that is particularly attractive for maximizing the price per room. Ideal for investors seeking recurring returns from the outset, with no construction or start-up period required.

Juan Ramón Jiménez Street – Elche (Alicante)

€1,080/month in current rental income | 100 m² | 3 bedrooms + suite | 2 bathrooms | Utilities paid by the tenant.