Delisted ID: 109672253 Campoamor

Flat / apartment for sale in Calle Teniente Aguado, 24

3 Bed • 2 Bath • 130 m² • Floor 3

€176,500

AI Analyst
Long-term Rental

"Spacious 130m² apartment in Campoamor, Alicante, offers rare castle and sea views, flexible layout potential, and a blank-slate renovation opportunity—positioned for value creation in a quiet, well-connected area near the city center."

Negotiation Leverage Balanced
Value Add Full interior renovation to modern standards; optimize layout for 3-4 bedrooms and 2 baths.
Pros
  • Large floor area with flexible distribution options
  • Unobstructed views of Santa Bárbara Castle and partial sea views
  • Ready for immediate renovation—demolition work already completed
Cons
  • Requires significant capital expenditure for full renovation
  • No current market context provided—uncertainty on resale/rental demand
  • Potential for renovation cost overruns or permitting delays
Description

Unique opportunity to create your own project in Alicante! Discover this spacious apartment located in one of the most pleasant and quiet areas of Alicante, just a step away from the center. The house is ready for comprehensive renovation: the rubble has already been removed and unnecessary walls have been eliminated. Thanks to its generous surface area, it offers multiple distribution possibilities — 3 or 4 bedrooms and 2 bathrooms according to your needs. Enjoy its sunny terrace with unobstructed views of the Santa Bárbara Castle (a view you will never lose) and a touch of the sea on the horizon. From another orientation, you can also see the Monte de Sal mountain. In addition, the property has a communal terrace on the roof, where you have your private storage room. Green, quiet and very well connected area. Ideal for those looking to invest or design their home to measure.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Garden
Investment Summary
Purchase Price €176,500
Taxes (ITP 10%) + €17,650
Notary Fees + €1,483
Registry Fees + €565
Gestoría Fees + €530
Valuation + Other + €339

Total Investment €197,066
Est. Monthly Rent €1,219/mo
Est. Annual Rent €14,629/yr

Est. Yield 7.42%
Days on Market
62
First seen
2025-10-25
View on Idealista