Flat / apartment for sale in Calle Poeta Zorrilla
3 Bed • 1 Bath • 110 m² • Floor 4
€120,000
AI Analyst
Long-term Rental"Bulk sale of four 100m²+ tenanted apartments in Carolinas Bajas, Alicante, offers immediate rental income and value-add potential through renovation, in a well-connected, central location with strong local demand."
Pros
- •All units currently tenanted, providing immediate cash flow
- •Significant value-add opportunity via renovation
- •Central location with strong rental demand and good transport links
Cons
- •All four units must be purchased and deeded simultaneously, limiting buyer pool
- •No elevator in building, which may limit appeal to some tenants
- •Renovation required for all units, increasing upfront capital outlay
Description
4 apartments for sale on Poeta Zorrilla street, 1st, 3rd, 4th and ground floor. Between €120,000 and €140,000, depending on the height. They all have to be sold at the same time, there may be more than 1 buyer but all 4 must be deeded at the same time. They need to be renovated. All of them are around 100 useful square meters. All with tenant. No elevator. Building with 5 apartments. Next to the Plaza de Pio XXII. Area very close to the center and with many shops around, it also has very good communications. Ask about them, good investment opportunity.