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For Sale
Apartment In Elche, Spain
  • €170.000

Overview

Property ID: EU-2796643
  • Apartment
  • Property Type
  • m²
  • Area Size
  • m²
  • Land Area
  • 0
  • Bedroom
  • 0
  • Bathroom

Description


Overview of the Apartment for Sale

A 98 m² apartment is available for sale, fully renovated in 2024. It is currently divided into two independent units, both of which are rented out to tenants with strong work and financial profiles.

Rental Income

This property generates €950 per month in rental income, resulting in a net yield of 8%. It provides a monthly cash flow of €584, making it an attractive option for investors. It’s also suitable for buyers who may want to live in one unit while renting the other. There is a possibility to occupy one of the apartments starting in August.

Renovation and Features

The renovation was comprehensive, addressing all major aspects. This includes new electrical systems, plumbing, double-glazed windows, and new kitchens and furniture. With these updates, the property is ready for immediate use and is well-prepared to meet tenant needs.

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Details

Updated on February 3, 2026 at 9:30 am
  • Property ID EU-2796643
  • Price €170.000
  • Bedroom 0
  • Bathroom 0
  • Property Type Apartment
  • Property Status For Sale
  • Ref. number 3009_020319/11152

Address

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  • Address: Elche, ALICANTE, Spain
  • Country: Spain

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Disclaimer: Please note that this property listing is an automatically generated advertisement. The descriptions have been rewritten by our AI agent and should not be considered official property particulars. While European.realestate requires all advertisers to provide accurate information, we do not independently verify the details and cannot accept liability for any inaccuracies. Always contact the listing agent directly for the most accurate and up-to-date information about the property. We strongly recommend obtaining independent legal advice before proceeding with any property purchase.

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