This residential property in Alicante consists of a first-floor apartment divided into three independent studio units. The building, completed in 1970, has been fully renovated with each studio featuring a combined living-bedroom area, kitchenette, and private bathroom. With 60 m² of living space distributed across three units, the property is situated in an urban environment close to essential amenities. The location provides convenient access to Alicante city centre, beaches approximately 2 kilometres away, and comprehensive local services within walking distance. The property is currently tenanted, offering an established rental income stream for prospective buyers.
Key characteristics of location, homes, project phase and points of attention.
The property is positioned in a central urban area of Alicante, offering proximity to both city facilities and coastal areas. It lies within 300 metres of essential services including supermarkets and pharmacies, while remaining within a 10-minute walking distance to Alicante's city centre. The location provides convenient access to public transportation hubs and urban infrastructure, facilitating practical daily living requirements.
This property addresses functional living requirements through its division into three separate studio units, each containing essential living spaces. The configuration provides privacy and independence for occupants while maintaining efficient use of the 60 m² footprint. The location supports everyday convenience with nearby services, while the rental potential offers flexibility for housing solutions ranging from owner occupation to investment income generation.
The building reached completion in 1970, placing it within Alicante's established residential property stock. Recent renovations have modernised the interior spaces, converting the original apartment layout into three self-contained studio units. The renovation included updating bathroom facilities, installing modern kitchenettes, and improving the overall functionality while preserving the building's original structural characteristics.
The property does not offer outdoor space such as a terrace or garden, which limits private outdoor living options. The 60 m² area divided across three units results in compact living spaces within each studio. The absence of dedicated parking facilities must be noted, as urban parking availability in this area of Alicante can be challenging during peak periods. Beach access requires transportation despite the relatively short distance.
Ref: VL644480
Source: Wikipedia, Wikidata, INE, Junta de Andalucía
This property suits investors seeking established rental income in Alicante's urban property market. With three tenanted studio units offering combined profitability exceeding 10%, the property represents an opportunity for those prioritising immediate returns over property development. The existing tenant arrangements remove the initial vacancy period typically associated with new rental acquisitions. For property buyers interested in multi-generational living arrangements, this property offers separate yet connected accommodation. Three related parties could maintain independence while sharing the investment and building maintenance costs, with each unit providing self-contained living facilities including private bathroom facilities. Property developers with experience in studio conversions might also find this opportunity appealing, though the renovation work has already been completed, making this more suitable for those focused on management rather than further development. The central Alicante location makes this property suitable for those targeting tenants who prioritise access to urban amenities and public transportation over beach proximity or resort-style features. Students, young professionals, or temporary workers in Alicante would typically constitute the target tenant demographic for these studio units.
The property has undergone complete renovation to convert the original apartment into three functional studio units. The quality of finishing appears focused on practicality and durability rather than luxury specification, with the renovations addressing essential elements required for modern living standards. The bathroom facilities have been updated to include contemporary fixtures with shower installations, as shown in the available imagery. The flooring throughout the units features wood-effect materials that provide both aesthetic appeal and practical maintenance benefits in a rental context. This flooring choice offers durability against regular wear while contributing to a neutral, versatile design appropriate for various tenant preferences. Kitchen areas within each studio have been fitted with modern cabinetry and essential appliances, designed to maximise functionality within limited space. The configuration incorporates storage solutions and work surfaces that enable practical food preparation despite the compact dimensions of each unit. Bedroom areas feature integrated wardrobe systems with sliding doors, optimising storage capacity without encroaching on living space. The inclusion of glass doors in certain areas helps to enhance the perception of space within the relatively compact studio layouts.
The property is available from €235,000, representing the total cost for the three studio units as a single investment purchase. This pricing reflects the property's established tenancy status and current rental income potential, which according to the available data generates profitability exceeding 10%. The price point positions this property within the mid-range segment of Alicante's urban investment property market, offering accessible entry into the city's rental property sector. When compared to similar properties in the area, such as EDIFICIO ESPARTERO 48 starting at €234,900 and LOFTS AGUILERA from €289,900, this property presents competitive value for investors seeking existing tenancy and immediate returns rather than vacant properties requiring tenant acquisition.
This property functions as an urban residential space designed for practical daily living. The division into three studio units creates an environment suited for either multiple occupants or rental accommodation. Each studio provides a contained living area where sleeping, dining, and food preparation occur within a single space, with bathroom facilities offering privacy and separation. The immediate surroundings feature a dynamic urban character typical of central Alicante. Within a short walking distance, residents can access multiple supermarkets, cafés, restaurants, and essential services. The area maintains an active rhythm throughout the day, with commercial activities creating a lively atmosphere during business hours while becoming quieter during evenings and weekends. Daily life here would typically involve utilising the comprehensive local amenities on foot, with the city centre reachable within a 10-minute walk for additional shopping, cultural activities, or entertainment. For coastal leisure, the beaches of Platja del Cocó, Cala de la Sangueta, or Platja de Sant Gabriel remain accessible via a short bus journey or brief drive, offering regular opportunities for seaside activities without requiring significant travel time.
The property's urban location places residents within a comprehensively serviced environment. Alicante's infrastructure supports convenient daily living with multiple supermarkets, pharmacies, banks, and cafés within a 300-metre radius. This density of services enables practical management of daily necessities without requiring transportation. Transportation options are abundant, with three train stations within 500 metres: Luceros, Mercado, and Alacant Terminal. Additionally, fifty public transport lines service the area with fifty stops throughout the neighbourhood, providing extensive connectivity to the wider Alicante region. This comprehensive public transport network reduces dependency on personal vehicles for regular commuting. Healthcare facilities are well-represented, with a hospital located 1.5 kilometres away and numerous dental and medical services within the immediate vicinity. For recreational activities, several sports centres exist within walking distance, including Artes Marciales Alicante at 0.6 kilometres and Polideportivo de San Blas at 0.8 kilometres. The property's position balances urban convenience with access to leisure opportunities. While centrally located, the beaches remain accessible within a short journey, and the marina at Alicante is just 1 kilometre away, offering additional recreational facilities.
The property appears centrally positioned within Alicante's urban matrix, with notable proximity to essential services and transport hubs. The mapping indicates direct access to three railway stations within 500 metres, with the city centre extending approximately 1 kilometre to the southeast. The coastline lies approximately 2 kilometres to the east, with urban development continuing between the property and the shoreline.
Approximate area · exact address shared on request
The property occupies a strategic position within Alicante, the second-largest city in the Valencian Community and a significant urban centre in southeastern Spain. Its location places it within a comprehensive network of regional connections, with major cities such as Elche (21 kilometres away) and Murcia (69 kilometres distant) readily accessible. This positioning offers residents the advantages of both local urban amenities and regional connectivity. The area benefits from Alicante's status as a provincial capital and historic Mediterranean port, which has fostered the development of comprehensive infrastructure and services.
The property benefits from excellent accessibility to essential and recreational facilities. Beach access is available at several locations, with Platja del Cocó at 2.1 kilometres, Cala de la Sangueta at 2.4 kilometres, and Platja de Sant Gabriel at 2.5 kilometres distant. These Blue Flag beaches provide quality coastal experiences within approximately 10-15 minutes by car or 20-25 minutes via public transport. Golf facilities are available at Club de Golf El Plantío (6.1 kilometres), Club de Golf Bonalba (11 kilometres), and Club de Golf Alenda (15 kilometres), offering options for different skill levels and preferences. Alicante-Elche Airport is conveniently positioned just 9 kilometres from the property, approximately 15-20 minutes by car or taxi, facilitating straightforward travel connections. City infrastructure is immediately accessible, with Alicante city centre reachable within a 10-minute walk. Major regional cities including Elche (21 kilometres), Murcia (69 kilometres), and Cartagena (93 kilometres) are readily accessible for additional shopping, cultural, or business requirements via well-connected road networks.
| Beach Distance | 2.1 km |
| Alicante-Elche (ALC) | 9 km |
| Valencia (VLC) | 127 km |
| Luceros | 0 km |
| Mercado | 0.5 km |
Source: OpenStreetMap, Google Maps
Alicante offers a Mediterranean climate characterised by abundant sunshine and mild temperatures. The area receives approximately 3,873 sunshine hours annually, creating ideal conditions for outdoor activities throughout most of the year. The average annual temperature of 19.0°C reflects a temperate climate with winter averages around 11°C and summer temperatures reaching approximately 26°C. The property sits at an elevation of 37 metres above sea level, providing a slight elevation that contributes to air circulation without significant climate variation from the immediate coastal areas. The gentle 1.5% slope towards the beach creates minimal impact on daily activities while offering subtle topographical interest. The swimming season extends for approximately five months, during which water temperatures maintain or exceed 20°C, typically from May through September. This extended period supports regular seaside activities and water-based recreation.
Source: Open-Meteo (2020, 2025 average)
Alicante's coastline features four Blue Flag beaches including Postiguet, Saladar-Urbanova, Sant Joan, and Tabarca, indicating high environmental and facility standards. The property maintains proximity to several beach options, with Platja del Cocó at 2.1 kilometres being the closest, followed by Cala de la Sangueta at 2.4 kilometres and Platja de Sant Gabriel at 2.5 kilometres. Golf enthusiasts have access to multiple courses in the surrounding area. Club de Golf El Plantío at 6.1 kilometres represents the nearest option, while Club de Golf Bonalba (11 kilometres) and Club de Golf Alenda (15 kilometres) offer additional playing opportunities with different course designs and challenges. The immediate vicinity contains numerous sports facilities including Artes Marciales Alicante (0.6 kilometres), Polideportivo de San Blas (0.8 kilometres), and Complejo de Piscinas Monte Tossal "José Antonio Chicoy" (1 kilometre). Marina Alicante, situated just 1 kilometre away, offers additional water-based activities and marine services.
Source: Blue Flag 2026, OpenStreetMap
The property occupies a strategic position within Alicante, the second-largest city in the Valencian Community and a significant urban centre in southeastern Spain. Its location places it within a comprehensive network of regional connections, with major cities such as Elche (21 kilometres away) and Murcia (69 kilometres distant) readily accessible. This positioning offers residents the advantages of both local urban amenities and regional connectivity. The area benefits from Alicante's status as a provincial capital and historic Mediterranean port, which has fostered the development of comprehensive infrastructure and services.
Alicante or Alacant is a city and municipality in the Valencian Community, Spain. It is the capital of the province of Alicante and a historic Mediterranean port. With a population of 358,608 as of 2024, it is the 2nd-largest city in the Valencian Community and the 10th-largest in Spain.
| Month | Avg. Temperature | Rainfall |
|---|---|---|
| January | 11.2°C | 44 mm |
| February | 11.5°C | 30 mm |
| March | 14.0°C | 39 mm |
| April | 16.1°C | 44 mm |
| May | 18.9°C | 46 mm |
| June | 23.0°C | 22 mm |
| July | 26.0°C | 6 mm |
| August | 26.5°C | 7 mm |
| September | 23.6°C | 39 mm |
| October | 19.4°C | 58 mm |
| November | 15.2°C | 47 mm |
| December | 11.8°C | 39 mm |
Flat
Within Alicante's property market, this studio apartment complex presents an established investment opportunity compared to new developments. Unlike similar offerings such as EDIFICIO ESPARTERO 48 (starting at €234,900) and LOFTS AGUILERA (from €289,900), this property offers immediate rental income through existing tenancy arrangements, eliminating the initial vacancy period typically associated with new acquisitions. The property's central location distinguishes it from coastal developments such as OCEANIC APARTMENTS in Rojales (starting at €475,000), which command premium prices but are positioned further from urban amenities and public transportation. While beachfront properties appeal to certain market segments, this property's central Alicante location offers year-round rental potential rather than seasonal demand patterns typical of resort-focused developments. Compared to properties in surrounding cities like Elche, Murcia, or Cartagena, this Alicante location benefits from the city's status as a provincial capital and major transport hub, which supports stronger rental demand and property value stability.
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