Garage for sale in Alicante / Alacant city, Alicante

Six parking spaces are for sale in a building with automatic door and easy access, located next to Alicante's Gran Vía.
Price per place: €11,900 (possibility of individual purchase or by package).

Rental potential per place: 100 €/month.
Gross annual return per place: 10.08% (€1,200/year).

5-year return projection per position (including 4% annual revaluation):

Total rental income: €6,000

Accumulated capital gain due to revaluation: €2,560

Estimated value of the place in the 5th year: 14.460 €

Total return on investment (rent + capital gains): €8,560

Combined annualized return (ROI): 11.5%

Key advantages of the investment:

Unbeatable location: High density commercial, office and residential area, with constant demand.

Captive customer: Possibility of direct rental to residents of the building or to workers of the shops and companies on Gran Vía.

Comfort and security: Garage with automatic door and easy access, a highly demanded added value.

Low maintenance: Real estate asset with no renovation costs or management complications.

Flexibility for the investor:

Possibility of renting individually or managing the spaces together.

Scalable investment: Purchase from one seat to the complete package (€71,400), increasing your monthly income stream.
Alternative rental by the hour/day to maximize profitability (ideal for workers in the area).

Safe and passive investment:
Parking spaces in central locations such as Alicante's Gran Vía are scarce assets and in permanent high demand. They represent a stable investment, with low volatility and minimal expenses, generating recurring income from the first month.