€ 160,000
Flat for sale in Juan XXIII, Alicante / Alacant city, Alicante
- 97 m2
- 3
- 2
Description
Premium investment opportunity in Juan XIII Urbanization, Alicante
Exclusive apartment for sale on the 12th floor of a 14-storey building with elevator, including parking space and access to a communal pool. The property, of 97 m², is sold as shown in the photographs (unfurnished), ready to be customized. It consists of three bedrooms, two full bathrooms, a separate kitchen and a living room. Sale price: €160,000.
Rental potential: €1,100/month.
Initial gross annual return: 8.25%
5-year return projection (including 6% annual revaluation):
Total rental income: €66,000
Accumulated capital gain due to revaluation: €54,000
Estimated asset value at year 5: €214,000
Total return on investment (rent + capital gains): €120,000
Combined annualized return (ROI): 9.2%
Differentiating features of the investment:
Premium quality of life: Top floor with unobstructed views in a building with full services (lift, parking, swimming pool), a profile in high demand in the rental market.
Ready and customizable space: Renovated and delivered in excellent condition, it allows the tenant or new owner to furnish it to their liking without carrying out any works.
Optimal layout: Three bedrooms and two bathrooms offer comfort and versatility, ideal for families or professionals looking for a comfortable and functional home.
Privileged location in the Juan XIII Urbanization:
Consolidated and quiet residential area, with a stable community and large common areas.
Excellent connectivity: Well connected to the centre of Alicante, San Juan beach and the main access roads, ideal for those who value mobility.
Local services: Supermarkets, schools, pharmacies, green areas and a wide range of restaurants within walking distance.
Stable investment in a high-demand segment:
This property represents an attractive asset for the investor looking for a solvent tenant profile. It combines solid initial profitability with the security of investing in a consolidated and well-valued urbanization in Alicante, with expectations of continued capital appreciation. As it is sold in optimal condition but without furniture, it offers immediate flexibility for its rental.
Features
- Flat
- Bedrooms: 3
- Bathrooms: 2
- Build Size: 97 m2
- Energy Efficiency Rating: In Progress