Apartment Of 112 M² In Alicante, Spain

Apartment Features: Functional and Well-Maintained

The apartment itself is designed to be spacious and practical, and it has been kept in good condition and is equipped for comfortable living. It comprises four bedrooms of a decent size. The master bedroom, for instance, comes with a double bed, a substantial wardrobe, and a ceiling fan. In addition, there are two full bathrooms. The living and dining area is a bright space, suitable for everyday use. The kitchen is independent and fully equipped, featuring appliances such as a Bosch combi-refrigerator, an oven, a ceramic hob, and a dishwasher. It offers ample storage capacity and is in good working order. Practical and durable finishes have been used throughout, including easily maintainable terrazzo flooring and wooden carpentry.

The Location: Carolinas Altas – A Strategic Choice

The Carolinas Altas neighborhood is strategically positioned, which is a significant factor in ensuring long-term rental appeal. This is an established area that buzzes with activity, offering a wide range of local shops, supermarkets, and convenient public transportation links. Its proximity to essential services and amenities contributes to its desirability for renters. The property is located less than a 10-minute journey from the center of Alicante, placing residents within easy reach of the city’s main attractions and business districts. Furthermore, the Playa del Postiguet, Alicante’s popular city beach, is only about 2 kilometers away, a distance that can be covered with a pleasant walk. The neighborhood also boasts excellent connections to hospitals and university campuses. This connectivity is crucial as it guarantees a consistent pool of potential future tenants, particularly students and healthcare professionals, ensuring sustained demand for rental properties in the vicinity.

Financials and Opportunity

The property is listed at a price of €165,000. As mentioned, the current gross rental yield stands at over 5.3%. This presents a chance to acquire a stable asset in a city experiencing significant growth in its real estate market. The guaranteed cash flow makes it an attractive proposition for investors seeking a reliable income stream. For those interested in expanding their property portfolio with a property that offers immediate returns and is situated in a location with ongoing demand, this is an opportunity worth considering.