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thinkSPAIN Logo Properties

Flat for sale in Alicante / Alacant city, Alicante

  • € 125,000
  • 85 m2
  • 3
  • 1

€ 125,000 Ref. 9453590

Properties
Ref. 9453590
  • 3 bedroom Flat for sale in Alicante / Alacant city - € 125,000 (Ref: 9453590)
  • 3 bedroom Flat for sale in Alicante / Alacant city - € 125,000 (Ref: 9453590)
  • 3 bedroom Flat for sale in Alicante / Alacant city - € 125,000 (Ref: 9453590)
  • 3 bedroom Flat for sale in Alicante / Alacant city - € 125,000 (Ref: 9453590)
  • 3 bedroom Flat for sale in Alicante / Alacant city - € 125,000 (Ref: 9453590)
  • 3 bedroom Flat for sale in Alicante / Alacant city - € 125,000 (Ref: 9453590)
  • 3 bedroom Flat for sale in Alicante / Alacant city - € 125,000 (Ref: 9453590)
  • 3 bedroom Flat for sale in Alicante / Alacant city - € 125,000 (Ref: 9453590)
  • 3 bedroom Flat for sale in Alicante / Alacant city - € 125,000 (Ref: 9453590)
  • 3 bedroom Flat for sale in Alicante / Alacant city - € 125,000 (Ref: 9453590)
  • 3 bedroom Flat for sale in Alicante / Alacant city - € 125,000 (Ref: 9453590)
  • 3 bedroom Flat for sale in Alicante / Alacant city - € 125,000 (Ref: 9453590)
  • 3 bedroom Flat for sale in Alicante / Alacant city - € 125,000 (Ref: 9453590)
  • 3 bedroom Flat for sale in Alicante / Alacant city - € 125,000 (Ref: 9453590)
  • 3 bedroom Flat for sale in Alicante / Alacant city - € 125,000 (Ref: 9453590)
  • 3 bedroom Flat for sale in Alicante / Alacant city - € 125,000 (Ref: 9453590)
  • 3 bedroom Flat for sale in Alicante / Alacant city - € 125,000 (Ref: 9453590)
  • 3 bedroom Flat for sale in Alicante / Alacant city - € 125,000 (Ref: 9453590)
  • 3 bedroom Flat for sale in Alicante / Alacant city - € 125,000 (Ref: 9453590)
1/19

€ 125,000

Flat for sale in Alicante / Alacant city, Alicante

  • 85 m2
  • 3
  • 1

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.

Location

Alicante / Alacant city, Alicante The location has not been provided.

Features

  • Flat
  • Bedrooms: 3
  • Bathrooms: 1
  • Build Size: 85 m2
  • Lift
  • Terrace/Balcony
  • Storeroom
  • Energy Efficiency Rating: In Progress

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€ 396 per month*

+ € 14,200 taxes (€ 12,500) & expenses (€ 1,700)*

*Please note that the results are only a guide and not a mortgage offer or quote.

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3 bedroom Flat for sale in Alicante / Alacant city - € 129,900 (Ref: 9453588) 3 bedroom Flat for sale in Alicante / Alacant city - € 115,000 (Ref: 9532531) 2 bedroom Flat for sale in Alicante / Alacant city - € 129,000 (Ref: 9626966) 4 bedroom Flat for sale in Alicante / Alacant city - € 125,000 (Ref: 9605531)

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  1. Spain
  2. Valencia
  3. Alicante
  4. Costa Blanca
  5. Alicante / Alacant city
  6. 3 bedroom Flat for sale in Alicante / Alacant city - € 125,000 (Ref: 9453590)