Apartment in Alicante/Alacant
Apartment in Alicante/AlacantApartment in Alicante/Alacant
€299,000

Apartment in Alicante/Alacant

  • New
  • 3 bedrooms
  • 3 bathrooms
  • 70 m² gross area
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Description

SOME INVESTMENTS TAKE TIME TO START DELIVERING RETURNS. OTHERS ARE ALREADY DOING SO. We are pleased to present an investment opportunity designed for those looking to add a property asset with proven profitability and established demand to their portfolio. Originally conceived as a single dwelling, the property has been transformed into three fully independent studios, carefully designed to provide each resident with the privacy, comfort and autonomy demanded by today’s rental market. Each studio benefits from its own private entrance and has been fitted with a sleeping area, kitchen, living space and en-suite bathroom, creating a completely self-contained unit in which every tenant enjoys their own home, entirely independent from the others. This layout has maximised the property's potential, offering a highly sought-after solution and achieving stable occupancy levels. All three studios are currently let, meaning that the new owner will acquire an asset generating income from the very first day of ownership. With each studio producing a monthly rental income of €650, the property currently generates a combined income of €1,950 per month, equivalent to €23,400 per annum and representing an approximate gross yield of 7.83% based on the asking price. Rather than simply purchasing a property, you will be adding to your portfolio an investment that is already performing, supported by an established operating model and a return based not on projections, but on proven results. The sale concerns the property as a whole, with the existing tenancy agreements remaining in place, thereby allowing the investment to continue uninterrupted. Full details regarding profitability, rental income, tenancy agreements and all related financial documentation will be provided, in complete transparency, to purchasers who can demonstrate genuine interest and the appropriate financial capacity for the transaction. In order to respect the privacy of the current tenants and preserve the normal course of their daily lives, certain information and images of the property will only be made available during the sales process to pre-qualified buyers. If you are seeking a distinctive property investment, with a configuration designed to maximise its potential, established occupancy and the reassurance of acquiring an asset that generates income from day one, we would be delighted to provide further information and guide you throughout the purchasing process with the professionalism, transparency and discretion that a transaction of this nature deserves. Additional information: The sale price does not include taxes, notarial fees, Land Registry charges or any other costs inherent to the purchase. The information contained in this advertisement is provided for guidance purposes only, does not constitute a contractual offer and may be subject to change or error.

Ref: 167279

Characteristics

  • 3 bathrooms
  • Cable TV
  • Optical fiber
  • Floor 1 on 4

Others informations

Price details

Property price
€299,000
Price per m²
€4,271 / m²

Alicante/Alacant, Alicante/Alacant

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