Piso en calle Tizona, 3, Ibi
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Piso en calle Tizona, 3, Ibi
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Piso en calle Tizona, 3, Ibi
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Piso en calle Tizona, 3, Ibi
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Piso en calle Tizona, 3, Ibi
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Piso en calle Tizona, 3, Ibi

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352  / m²

Alicante, Ibi

Ref: 164398

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FlatsSubcategories
4Bedrooms
3Bathrooms
88 m²built square meters

An occupied property presents a unique investment opportunity, but it also poses significant challenges. Such properties have been taken over without the owner's consent, often by individuals in vulnerable situations or organized groups seeking abandoned spaces. Typically found in strategic urban locations where real estate prices can be high, these occupied homes tend to be inactive or neglected, attracting those in search of alternative housing solutions. They are often used temporarily or for extended periods without paying rent.

While many of these properties may show signs of deterioration due to a lack of maintenance, there are exceptions where some retain their basic living conditions. For investors, purchasing an occupied property comes with certain risks and additional costs, yet it can lead to a potentially lucrative financial opportunity. The market price of these properties is usually significantly lower because of their irregular status, providing an interesting profit margin in the event of regularization.

However, any investment in such properties must factor in the legal costs associated with reclaiming the property, as well as potential expenses for remodeling and repairs, since some occupied homes may have undergone unauthorized modifications or be in unfavorable conditions. The process of eviction can require a considerable amount of time and resources.

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
  • Bedrooms4
  • Bathrooms3
  • built square meters88 m²
  • Property typeSecond hand

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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 payment103 €
Amount financed by bank21 700 €
Taxes and expenses2 790 €
Final property cost including expenses33 790 €
Property cost after mortgage payoff (with interest)
46 470 €
incl. interest: 12 680 €

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
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Insurance
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