Description

Semi-renovated apartment in Campoamor — Elevator approved by the homeowners' association 4-bedroom, 2-bathroom home on Maestro Caballero Street, in the heart of the Campoamor neighborhood, one of the most established and sought-after areas of Alicante city. 93 m2 built (81 m2 usable). Its location is a strong point: a few minutes' walk from shops, supermarkets, public transport, and neighborhood amenities, with easy access to the rest of the city. A home with a good layout and plenty of space (4 bedrooms in 81 m2 of usable space is an unusual ratio for the area), which offers the possibility of finishing it to your liking: update the finishes you want to keep and customize the rest to turn it into the home you are really looking for, without the limitations of a home already finished by someone else. Two paths, one opportunity This property allows for two approaches depending on what you are looking for: - Comprehensive renovation: by removing the living room partition, you can achieve a spacious and bright area with an open-plan kitchen, converting the current kitchen into a bedroom with a gallery — a more modern layout with more square footage in the main living area. - Tune-up + room rental: by maintaining the current layout and renewing finishes, the property is ready to be operated as a room rental. In fact, this property has historically been rented out under this model, with a real yield of about €350/room per month (up to €1,400/month with all 4 rooms occupied). We have a team of trusted workers to develop the construction project, budget, and execution of either of the two options, accompanying the entire process from beginning to end. Elevator approved by the association — a third floor with potential for revaluation The homeowners' association has already approved the installation of an elevator and has the technical project drafted, an important step already overcome for the future installation. On high floors like this 3rd floor, the difference in value between a home with and without an elevator can be significant: in comparable urban markets, that difference is usually between 15% and 20%, precisely because of the greater limitation of climbing stairs the higher the floor. Buying now, before the elevator is operational, is entering at the point of greatest revaluation potential. An ideal opportunity both for those looking to customize their own home and for investors looking for profitability with the renovation already planned. ? Information for the buyer: The advertised price does not include the Property Transfer Tax (ITP), notary fees, Property Registry fees, or, where applicable, expenses derived from financing. The installation of the elevator is approved by the community but pending a special assessment for its execution. ? Legal note: The information contained in this advertisement is merely informative, non-contractual, and may contain errors, price changes, or omissions. The advertised price does not include the Property Transfer Tax (ITP), notary fees, Property Registry fees, or, where applicable, expenses derived from financing. The installation of the elevator is approved by the community but pending a special assessment for its execution; the corresponding cost will be assumed by the buyer according to the distribution by coefficient determined at that time.

Features