Active ID: 111539877 Campoamor

Flat / apartment for sale in Campoamor

2 Bed • 1 Bath • 89 m²

€193,000

AI Analyst
Long-term Rental

"Well-located 2-bedroom apartment in central Alicante with panoramic castle views, abundant natural light, and strong rental demand. Renovation required, offering scope for value creation in a vibrant, amenity-rich neighborhood close to city center and beach."

Negotiation Leverage Balanced
Value Add Full interior renovation (kitchen, bathroom, finishes) to modern standards
Pros
  • Prime central location with strong tenant demand
  • Unobstructed views and excellent natural light
  • Elevator access in a well-established area
Cons
  • Requires significant renovation investment
  • No terrace or outdoor space
  • Potential for noise due to central location
Description

Bright apartment for sale in Carolinas Bajas, one of the most central and promising areas of Alicante, located next to the ADDA and the Alicante Bullring. The home is on the 6th floor with an elevator and stands out for its magnificent unobstructed views of Santa Bárbara Castle, as well as its excellent orientation and great brightness, being completely exterior. The apartment has a spacious and very bright living room, a separate kitchen with a utility room, two bedrooms, and a bathroom. The property needs renovation, making it an excellent opportunity to design a custom home or make an investment with great profitability potential. Located in a well-established area, with all services at street level, public transport, shops, schools, and just a few minutes from the center of Alicante and the beach. An ideal opportunity to live or invest in a privileged location in the city.

Features
Elevator
Exterior
Investment Summary
Purchase Price €193,000
Taxes (ITP 10%) + €19,300
Notary Fees + €1,621
Registry Fees + €618
Gestoría Fees + €579
Valuation + Other + €339

Total Investment €215,457
Est. Monthly Rent €993/mo
Est. Annual Rent €11,911/yr

Est. Yield 5.53%
Days on Market
0
First seen
2026-05-23
View on Idealista