Sale of apartment in Calle Blas Valero, 33, Elche / Elx
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Sale of apartment in Calle Blas Valero, 33, Elche / Elx
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Sale of apartment in Calle Blas Valero, 33, Elche / Elx
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Sale of apartment in Calle Blas Valero, 33, Elche / Elx
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Sale of apartment in Calle Blas Valero, 33, Elche / Elx
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Sale of apartment in Calle Blas Valero, 33, Elche / Elx

195 555 

1 222  / m²

Alicante, Elche / Elx, Elche City, Calle Blas Valero, 33

Ref: 155534

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FlatsSubcategories
5Floor
6Bedrooms
2Bathrooms
160 m²built square meters

NET RETURN OF 8% A spacious apartment is available for sale in a prime location in Elche. Situated on the fifth floor of a building equipped with an elevator and featuring no neighbors on the same floor, this property promises tranquility and privacy. It represents an excellent investment opportunity due to its high current yield and significant income potential.

Main Features: The apartment comprises six generously-sized rooms, all rented out individually to students. Monthly Revenue: The property currently generates a steady income of €1,400 per month, making it an ideal option for investors seeking passive income and impressive returns.

Bathrooms: The apartment includes two fully equipped bathrooms, each with a shower, ensuring convenience for tenants. Elevator: Access to the residence is made easy with the elevator, providing effortless entry to the fifth floor. No Neighbors on the Floor: With no other residents on the same level, enhanced peace and privacy are guaranteed for the occupants.

With its prime location in the heart of Elche and a reliable income stream, this property is an excellent choice for those looking for a ready-to-rent investment that starts generating returns from day one. Don't miss out on this opportunity to invest in a highly sought-after asset!

This information has been obtained from public sources and may not be up to date. It does not represent a link with the developer.

Property data

  • SubcategoriesFlats
  • Floor5
  • Bedrooms6
  • Bathrooms2
  • built square meters160 m²
  • Property typeSecond hand

Top new builds in Spain

Facilities

Housing Amenities

  • Air conditioning
  • Terrace

In building

  • Elevator

Mortgage calculator

Property price
Down payment
30,00%
Term in years
Interest rate type
Interest rate
Purchase taxes and fees
9,00%
Calculate:,,,,,,,
Monthly mortgage payment651 €
Amount financed by bank136 888 €
Taxes and expenses17 600 €
Final property cost including expenses213 155 €
Property cost after mortgage payoff (with interest)
293 145 €
incl. interest: 79 990 €

Profitability calculator

Property price
Renovation cost
100 000 €
Purchase taxes and fees
9,00%
Calculate:,,,,,,,
Additional expenses
100 000 €
(fees, legal procedures, registration, other expenses)
Expected monthly rent
Exit property price

Expenses (annual estimates)

Property tax
Community fees
Insurance
Other expenses

Address

Alicante, Elche / Elx, Elche City, Calle Blas Valero, 33

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