Villa for sale in Alfaz del Pi / L'Alfàs del Pi, Alicante

This detached villa, located in the highly sought-after area of Albir on the Costa Blanca, presents an exceptional investment opportunity. Originally built in 1978, the property was fully renovated in 2014 and converted into four separate apartments, according to the current owners it currently generates an impressive annual rental income of 44,000.

The ground floor features two spacious apartments, each comprising two double bedrooms, a modern bathroom, and open-plan living areas with kitchens fitted with integrated appliances. Both apartments enjoy private garden spaces and a covered naya, perfect for outdoor living. Also on the ground floor is a well-appointed studio apartment, finished to the same high standard as the other units.

On the first floor, there is a luxurious four-bedroom penthouse apartment, offering two bathrooms, a large open-plan living area, and a modern kitchen with a separate utility room. A private staircase leads to the exclusive roof terrace, providing stunning views of the sea.

The entire property is equipped with electric underfloor heating and air conditioning, ensuring year-round comfort. Double glazing with fitted blinds and mosquito nets enhances the living experience. Outside, the property boasts a large private swimming pool, shared by all four apartments, and low-maintenance grounds. There is ample parking with off-road spaces for three vehicles and a garage.

Situated just 300 meters from the local Norwegian school, the beach, and various bars, shops, and restaurants, this villa is perfectly located. With its blend of modern conveniences, prime location, and strong rental yield, this property is highly recommended for viewing.