This apartment complex, situated in the heart of Alicante, presents a distinct opportunity for those seeking a residence in a vibrant urban environment close to the Mediterranean Sea. The property has undergone a comprehensive renovation, focusing on modernizing all essential systems including plumbing, water, electricity, and drainage. The eight apartments are currently leased under standard residential contracts, ensuring a stable income stream. Two practical storage rooms, strategically located within the common areas, complement this offering.
Key characteristics of location, homes, project phase and points of attention.
Located within walking distance of the beach, in an urban setting of Alicante, this complex is strategically positioned. Amenities such as shops, restaurants, and public transport are within easy reach. The proximity to multiple beaches and the central location relative to sports facilities and cultural attractions contribute to a dynamic living and working life.
This project appeals to buyers who value urban convenience combined with direct access to coastal facilities. The recent renovation guarantees a move-in ready condition, while the existing rental agreements offer a potential investment opportunity. The presence of storage rooms adds practical utility to daily life.
The property is an existing building that has been fully renovated and is currently in use. It is not a new construction in the traditional sense. However, the renovation includes all modern finishes and installations, ensuring the property meets current standards. The renovation completion has already occurred.
This is an existing building, not a new development with its own land and facilities. The apartments are sold as-is, without additional communal amenities such as swimming pools or gardens. The focus is on the urban location and the existing real estate, not on the development of new structures.
This project is exceptionally suitable for investors seeking a stable income stream in a popular Spanish city. The existing rental agreements provide immediate returns without the need for new leasing processes. For an investor intending to occupy the property themselves at a later stage, the current situation offers flexibility, provided the rental agreements expire. The location in an urban area with all amenities within walking distance, including beaches and public transport, also makes it attractive for individuals wishing to spend part of the year in Spain and appreciate the vibrancy of a city. Proximity to sports centers and cultural attractions supports an active and culturally rich lifestyle.
The building has been completely renovated, with a focus on updating all technical installations. This includes the complete renewal of the plumbing, water supply, electrical wiring, and sewage systems. These extensive works ensure a modern and safe infrastructure for the apartments. The renovation aims to provide a high standard of habitability and durability, with the expectation that the updated systems will require minimal maintenance in the coming years. The finishes are functional and focused on longevity, aligning with current living standards.
The apartment complex, comprising eight rented apartments, is offered at a price of €1,295,000. This amount represents the entire structure, including the two storage rooms. The current rented status offers an immediate income-generating opportunity. The pricing reflects the central location in Alicante, the recent extensive renovation of the building, and the potential net returns from the existing rental agreements.
This apartment complex is situated in the bustling center of Alicante, a city renowned for its rich history and Mediterranean lifestyle. The location provides direct access to the coast, with several beaches just a short walk away. The urban character of the surroundings ensures that all daily necessities, from supermarkets and pharmacies to restaurants and sports centers, are within reach. The presence of 261 restaurants and 136 cafes in the vicinity suggests a lively social and culinary scene. With 11 schools and 55 pharmacies nearby, the location is also practical for families and daily well-being. The proximity to the beach, the relatively flat slope of 1.5% towards the coast, and the 3,873 annual sunshine hours contribute to an attractive climate for both residents and visitors.
Living in this apartment complex means being immersed in the dynamics of Alicante. The urban environment offers a constant flow of activities and amenities. Numerous restaurants, cafes, shops, and supermarkets are within walking distance, significantly simplifying daily life. The proximity to the beach, just 1.3 km from Platja del Cocó, invites regular coastal excursions. Public transport, with 50 bus lines and nearby stops, makes it easy to explore other parts of the city or travel to surrounding towns. The 3,873 annual sunshine hours and an average temperature of 19.0°C contribute to a pleasant climate for most of the year.
This apartment complex is centrally located in Alicante, a coastal city with a historic port and a vibrant atmosphere. The map illustrates its proximity to the beach, major transport routes, and urban amenities, underscoring the practical livability of this location.
Alicante serves as the capital of its province and is a significant hub on the Costa Blanca. The city itself has a population of 358,608, making it the second-largest city in the Valencian Community. Its location is strategic relative to other major cities such as Elche (21 km to the southwest) and Murcia (69 km to the south). The proximity of these urban centers, along with the Alicante-Elche International Airport (approx. 9 km away), positions Alicante as a gateway to the region and the wider Costa del Sol. The area offers a combination of urban amenities and coastal access, characteristic of the popularity of Spain's coastal regions.
Accessibility to this project is excellent for those who prefer urban living. The nearest beach, Platja del Cocó, is located 2.1 km away. Golf courses such as Club de Golf El Plantío are reachable within approximately 6 km. Alicante-Elche Airport is situated about 9 km away as the crow flies, facilitating travel. Although the distance to Malaga-Costa del Sol Airport is considerable (approx. 399 km), the proximity of the local airport offers sufficient international connectivity. The extensive network of 50 public transport lines and the central train stations Luceros and Alacant Terminal (both 0.0-0.5 km away) ensure good mobility without a car. Essential amenities like a supermarket (218 m), pharmacy (237 m), and hospital (816 m) are also within walking distance.
| 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 enjoys a Mediterranean climate, characterized by warm summers and mild winters, with an average annual temperature of 19.0°C. The area historically boasts 3,873 sunshine hours per year, guaranteeing an exceptionally sunny climate. The swimming season lasts approximately 5 months, when the water temperature exceeds 20°C. The project is located at an altitude of 37 meters above sea level, with a gentle slope of 1.5% towards the beach, contributing to a pleasant, flat terrain. The 32 local public holidays per year offer opportunities to participate in cultural events.
Source: Open-Meteo (2020–2025 average)
The coastline near the complex is rich in recreational opportunities. Beaches such as Platja del Cocó (1.3 km) and Cala de la Sangueta (1.6 km) are within walking distance. In total, the region has 4 Blue Flag beaches, including Postiguet and Sant Joan, known for their quality and amenities. For golf enthusiasts, Club de Golf El Plantío (6.8 km) and Club de Golf Bonalba (11 km) are within reasonable distance. Additionally, Alicante offers a wide array of sports facilities, including multiple sports centers and swimming pools, such as the Complejo de Piscinas Monte Tossal (1.0 km). The presence of marinas like Marina Alicante (1.0 km) underscores the city's maritime focus.
Source: Blue Flag 2026, OpenStreetMap
Alicante serves as the capital of its province and is a significant hub on the Costa Blanca. The city itself has a population of 358,608, making it the second-largest city in the Valencian Community. Its location is strategic relative to other major cities such as Elche (21 km to the southwest) and Murcia (69 km to the south). The proximity of these urban centers, along with the Alicante-Elche International Airport (approx. 9 km away), positions Alicante as a gateway to the region and the wider Costa del Sol. The area offers a combination of urban amenities and coastal access, characteristic of the popularity of Spain's coastal regions.
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
Ref: VL886318
Source: Wikipedia, Wikidata, INE, Junta de Andalucía
Compared to projects like APARTMENTS PALANGRE BEACH and EDIFICIO SUN & CENTER - KEY READY in Torrevieja, offered from €160,000 and €169,000 respectively, this complex in Alicante is positioned at a higher price point (€1,295,000). This difference can be attributed to its prime location in a major city like Alicante, the scale of the offering (an entire building versus individual apartments), and the recent, extensive renovation of all systems. OASIS LAGUNA 2 - FASE II in Urbanización El Raso, with prices starting at €227,000, targets a different segment, often with a greater emphasis on communal facilities and new constructions in a more residential, less urban setting. This Alicante project distinguishes itself through the combination of a central urban location, direct proximity to the sea, and the potential for immediate rental income due to its existing leasing structure. The primary focus here is on urban convenience and investment yield, contrasting with the emphasis on resorts or villa parks common in some other coastal areas.
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