Apartment for sale in Alcoy / Alcoi, Alicante

We present this ground-floor dwelling located at Avenida de Andalucía, 1 (Alcoy). It is a comfortable and very practical apartment, ideal both as a primary residence and for investors seeking good profitability in a well-established area of the city.
The property, located to the left when entering from the lobby, has approximately 66.88 m² built and 54.49 m² useful. The layout is the typical functional apartment: living room, kitchen, bedrooms and bathroom, with direct access from the lobby, something very interesting for people with reduced mobility or for those who want to avoid stairs and elevators.

Cadastral reference: 0273605YH2807S0002HK
Location: Avenida de Andalucía, 1 – Ground floor, Alcoy (Alicante)

IBI estimate
Taking as reference other similar properties in Alcoy and the municipal tax rate, it can be estimated that the annual IBI for this dwelling will be approximately in a range of €180–€230 per year. This is an indicative figure; the exact amount will always be confirmed with the latest IBI bill or by consulting the Town Hall.

Small profitability study (purchase €63,000)
If acquired as an investment for long-term rental, and assuming a market rent around:

€380/month → €4,560/year

€420/month → €5,040/year

With an estimated purchase price of €63,000, the profitability would be as follows:

Purchase €63,000 with rent €380/month → ≈ 7.2% gross yield

Purchase €63,000 with rent €420/month → ≈ 8.0% gross yield

After deducting IBI, insurance, community, and small maintenance costs, net profitability would be approximately in the range of 5.7–6.5%, keeping a very competitive product compared to other market alternatives.

In summary, a ground-floor apartment in Alcoy, well located and of manageable size, offering a good balance between entry price (€63,000), contained expenses, and attractive rental potential for those seeking recurring income with moderate risk.