Active ID: 111205394 Campoamor

Flat / apartment for sale in Passatge Bañuls

3 Bed • 1 Bath • 73 m² • Floor 1

€140,000

AI Analyst
Long-term Rental

"Well-located 3-bedroom apartment in Altozano, Alicante, offers solid rental potential with a terrace and elevator, ideal for value-add investors seeking proximity to city amenities and future appreciation."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathroom, update finishes
Pros
  • Strong location near city center and amenities
  • Functional layout with natural light and terrace
  • Elevator access increases tenant appeal
Cons
  • Dated interiors require renovation
  • First-floor location may limit views/privacy
  • Single bathroom may reduce appeal for larger households
Description

Altozano is a neighborhood that maintains that sought-after balance: active in daily life, with shops, services, and atmosphere, and at the same time well-located, a stone's throw from the center. A consolidated area of Alicante where getting around is comfortable and everything is close by. In this environment, you'll find this first-floor home, with three bedrooms, a bathroom, a separate kitchen, and a small terrace that provides natural light and an always-appreciated outdoor space. The layout is comfortable and allows you to imagine different ways of adapting it to a more current style. It is a home that offers the opportunity to redesign the spaces and give them a more contemporary feel, making good use of its foundation and location. An interesting option for those looking for an apartment with potential, where they can create a very personal home or consider an investment in a neighborhood that continues to have its own life within Alicante. Alicante, with its climate, its proximity to the sea, and its pace of life, brings it all together: light, quality of life, and a city that always adds value.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €140,000
Taxes (ITP 10%) + €14,000
Notary Fees + €1,176
Registry Fees + €448
Gestoría Fees + €420
Valuation + Other + €339

Total Investment €156,383
Est. Monthly Rent €924/mo
Est. Annual Rent €11,089/yr

Est. Yield 7.09%
Days on Market
6
First seen
2026-04-17
View on Idealista