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Sale of a new building with 36 apartments in Alicante, 5.5 million euros, 15% profitability!

Spain
$5,77M
$1,172/m²
;
Sale of a new building with 36 apartments in Alicante, 5.5 million euros, 15% profitability!
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Address Address
Params Params
Description Description
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ID: 3360611
Property ID on Realting
Last update: 04/03/2025

Location

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  • Country
    Spain
  • State
    Valencian Community
  • Region
    Provincia de Alacant/Alicante

Property characteristics

Property parameters

  • Price per m²
    Price per m²
    $1,172/m²
  • Total area
    Total area
    4 924 m²

Interior details

Heating:

  • Yes

Cooling:

  • Air conditioner

Exterior details

Exterior features:

  • Garage
  • Elevator

Description

DescriptionSale of a new building with 36 apartments in Alicante, 5.5 million euros, 15% profitability!· Land area 626 sq.m· Apartments area 2776 sq.m· Garage and storage area 1293 sq.m· Commercial premises on the ground floor 855 sq.m, height 6 meters· Total building area 4924 sq.m· 300 meters to the sea, TRAM stop nearby· Ground floor plus 4 upper floors· Two underground garage floors· Elevators· 9 apartments on each floor, of which 3 apartments have 1 bedroom and 1 bathroom, and 6 apartments have 2 bedrooms and 2 bathrooms· Price: 5.5 million euros plus 5% agency commission.· Possible purchase by multiple buyers, minimum lot 2.0 million euros.· When selling the building by apartments, the minimum profitability will be at least 15% per year.· The building is fully ready for occupancy.Excellent investment in a new high-yield residential complex in Alicante!

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Sale of a new building with 36 apartments in Alicante, 5.5 million euros, 15% profitability!
Spain
$5,77M
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