Delisted ID: 110631146 Campoamor

Flat / apartment for sale in Calle del Maestro Alonso

3 Bed • 1 Bath • 73 m² • Floor 1

€129,000

AI Analyst
Long-term Rental

"Corner apartment in Campoamor offers strong natural light, private patio, and flexible layout. Full renovation required, but location and exterior orientation provide solid fundamentals for value creation and rental demand."

Negotiation Leverage Balanced
Value Add Full interior renovation (kitchen, bathroom, flooring, windows), potential to add a fourth bedroom, modernize layout and finishes.
Pros
  • Corner unit with all rooms exterior, maximizing natural light and ventilation.
  • Private patio adds unique value and tenant appeal.
  • Strong rental demand in central Campoamor location near transit and amenities.
Cons
  • Requires complete renovation, adding €30,000–€40,000 to acquisition cost.
  • First floor with no elevator may limit some tenant profiles.
  • Potential overcapitalization risk if renovation costs exceed market ceiling.
Description

UNIQUE INVESTMENT OPPORTUNITY! Balance Sells a Corner Apartment (NEEDS FULL RENOVATION) All Exterior with Private Patio on Avenida Maestro Alonso (between the general hospital and the bullring) Looking for a smart investment or to design your own home from scratch? We present this property with extraordinary potential located on Avenida de Maestro Alonso (Carolinas/Altozano Area). It is a first-floor apartment (no elevator) that stands out for something difficult to find: it is completely exterior and is a corner unit (facing two streets), which guarantees natural light throughout the day in each of its rooms. With views of the avenue. IT IS POSSIBLE TO CREATE 4 BEDROOMS. The Blank Canvas You've Been Waiting For The property requires a complete renovation, but its layout and features make it a gem to be polished. With an estimated investment of between €30,000 and €40,000, you can transform this apartment into a high-value asset or a modern and functional home. Current Layout and Possibilities: Originally, the apartment had 3 bedrooms, but it has now been reconfigured to gain space: Large Living-Dining Room: Spacious and very bright as the third bedroom was integrated into it. 2 Double Bedrooms: Both exterior and with excellent ventilation. Independent Kitchen: With enough space for a contemporary design. 1 Bathroom. Private Patio: The great treasure of the house. An intimate and open space perfect for dinners with friends, family barbecues, or creating your own urban oasis. Key Features: Location: In the heart of Avenida de Maestro Alonso, with all services within walking distance (TRAM, buses, shops, and schools). All Exterior: No dark light wells; every window offers views and clarity. Corner Unit: Greater independence and better cross-ventilation. Profitability: Ideal for investors looking to renovate and rent out with high demand in the area. Don't miss this unique opportunity to acquire a property with these characteristics at a competitive price. Balance Home is a real estate agency founded in Alicante, located at Avenida Maisonnave Nº41, we handle all types of properties (rentals, second-hand sales, chalets, new construction, commercial premises, garages, etc. ) Request your free, no-obligation valuation!

Features
Elevator
Terrace/Balcony
Air Conditioning
Parking
Exterior
Investment Summary
Purchase Price €129,000
Taxes (ITP 10%) + €12,900
Notary Fees + €1,084
Registry Fees + €413
Gestoría Fees + €387
Valuation + Other + €339

Total Investment €144,122
Est. Monthly Rent €913/mo
Est. Annual Rent €10,961/yr

Est. Yield 7.61%
Days on Market
11
First seen
2026-02-15
View on Idealista