Active ID: 112123792 Campoamor

Flat / apartment for sale in Campoamor

3 Bed • 2 Bath • 131 m² • Floor 10

€430,000

AI Analyst
Long-term Rental

"Dual-apartment configuration in central Alicante offers flexible rental strategies, strong natural light, and panoramic city views from a high floor, making it a rare, versatile asset for investors seeking yield or value-add potential."

Negotiation Leverage Balanced
Value Add Re-unify apartments for premium family rental or modernize interiors for higher yields
Pros
  • Prime city-center location near amenities and transport
  • Flexible layout: two independent units or one large apartment
  • High floor with excellent light and panoramic views
Cons
  • Rental yield is moderate relative to asking price
  • Potential vacancy risk if targeting premium tenants
  • Re-unification or further modernization may require capital outlay
Description

We present this exclusive property located in a prime location in Alicante, just a few minutes from the Central Market, Plaza de Toros, and the heart of the city, surrounded by all necessary services: shops, supermarkets, public transport, educational centers, restaurants, and a wide range of leisure activities. This is a unique home due to its size, brightness, and possibilities, ideal for those seeking a spacious family residence or for investors looking for high profitability. With approximately 135 m2 built, the property occupies a tenth floor that is completely exterior, guaranteeing magnificent natural light throughout the day and pleasant unobstructed views of the city. Currently, the property is divided into two fully independent apartments, both renovated and with separate entrances. The first apartment has a cozy living-dining room, a separate kitchen, one bedroom, and a full bathroom, offering a comfortable, functional space ready to move into or rent out from day one. The second apartment features a spacious and very bright living-dining room with access to a balcony, a large, fully equipped separate kitchen, and a master bedroom with an en-suite bathroom. Furthermore, thanks to the spaciousness of the living area, there is the possibility of easily converting it into a second bedroom. One of the great attractions of this property is the possibility of re-unifying both homes with a relatively simple renovation, thus recovering a spectacular, large apartment in the very center of Alicante. The building has an elevator, a concierge service, and a magnificent communal terrace offering impressive panoramic views of the city, making it a perfect space to relax and admire Alicante from above. A property difficult to find due to its characteristics, location, and versatility, representing an excellent opportunity for both living and investing in one of the most in-demand areas of the city.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €430,000
Taxes (ITP 10%) + €43,000
Notary Fees + €3,612
Registry Fees + €1,376
Gestoría Fees + €1,290
Valuation + Other + €339

Total Investment €479,617
Est. Monthly Rent €1,158/mo
Est. Annual Rent €13,894/yr

Est. Yield 2.9%
Days on Market
0
First seen
2026-08-01
View on Idealista