Active ID: 110676281 Campoamor

Flat / apartment for sale in Calle Teniente Aguado

4 Bed • 1 Bath • 130 m² • Floor 3

€178,000

AI Analyst
Coliving

"Spacious 130 m² south-facing apartment in Campoamor, Alicante, offers significant value-add potential through full renovation, flexible layouts for coliving or multi-unit rental, and attractive open views, all within walking distance to amenities and the beach."

Negotiation Leverage High
Value Add Full interior renovation to create multiple rentable units or modern coliving spaces
Pros
  • Large 130 m² footprint allows flexible redevelopment
  • Excellent natural light and open views, including partial sea view
  • Strong location near amenities, transport, and beach
Cons
  • No elevator access to 3rd floor limits tenant pool
  • Full renovation required, increasing upfront capital outlay
  • Potential market saturation risk for room rentals in area
Description

130 m2 property for sale located in the Campoamor neighborhood, Alicante, in a pleasant green area at the foot of the mountain, with excellent south-facing orientation ensuring natural light throughout the day. The property is sold for full renovation, allowing the development of any type of project: a spacious primary residence, redistribution into several units, room rentals, or the creation of independent studios. The property is already partially prepared to begin renovation work: most of the debris has been removed and some partition walls have been demolished. It features two balconies: one with open views over the neighborhood and green areas, with no buildings directly in front, and another facing the interior courtyard. From the main balcony, there is a slight view of the sea. Located on the 3rd floor without an elevator, the second-to-last level of the building, with direct access to the rooftop and a large communal solarium. From the rooftop, there are open views of the city and the iconic Santa Bárbara Castle, especially attractive at night and during local celebrations. Includes a private 8 m2 storage room. Strategically located with bus stops in all directions, 10 minutes by public transport or 20 minutes on foot from the beach, surrounded by all amenities: supermarkets, schools, sports facilities, and shops. An asset with excellent location, spaciousness, and versatility, ideal for an investment project or personalized development.

Features
Elevator
Exterior
Investment Summary
Purchase Price €178,000
Taxes (ITP 10%) + €17,800
Notary Fees + €1,495
Registry Fees + €570
Gestoría Fees + €534
Valuation + Other + €339

Total Investment €198,738
Est. Monthly Rent €1,150/mo
Est. Annual Rent €13,800/yr

Est. Yield 6.94%
Days on Market
42
First seen
2026-02-25
View on Idealista