Apartment Complex in Algeciras in Algeciras — Apartment Complex
Apartment Complex

Investment Apartment Building For Sale in Algeciras

This project involves a new construction apartment building in Algeciras, Cádiz, positioned as a real estate investment focusing on urban rental. The property comprises multiple floors and offers amenities such as underground parking and a rooftop terrace. The location is central to local amenities, including supermarkets and medical facilities, and provides quick access to the A7 connection. The building is designed to meet the modern demand for rental housing in an economically dynamic region driven by the port and logistics sector.

€1,100,000
1100 m²
Living Area
€1,100,000
Prijs

Project Analysis

Key characteristics of location, homes, project phase and points of attention.

Location

The project is situated in an urban residential neighborhood in Algeciras, approximately 23 meters above sea level. The location offers a balance between residential comfort and urban functionality, with basic amenities like a pharmacy and supermarket within walking distance. The proximity to the Río de la Mello and the Bay of Gibraltar defines the cityscape. The immediate surroundings are residential with urban density, ensuring a vibrant environment with direct access to public transport.

Layout

This complex is primarily geared towards the functional needs of the rental market. The layout includes multiple apartments suitable for permanent residence or long-term rental periods. Amenities such as underground parking and a rooftop terrace offer practical benefits for residents. The kitchens are not fitted, giving tenants the freedom to customize them to their own taste. The urban views and street perspectives fit a typical urban living rhythm.

Project Status

The property is classified as 'New Construction', meaning it complies with current building technical norms and safety standards. The building has recently been completed or is being delivered in a shell condition, depending on the specific phase. The construction spans three levels plus a ground floor, executed in a modern white style. As a new build, the owner benefits from modern insulation values and a low-maintenance character for the first years after purchase.

Points of Attention

This project is not suitable for buyers looking for a traditional vacation home in a resort style. There are no communal gardens, swimming pools, or sports facilities present. The location is urban and not secluded, meaning noise from the city and traffic can be expected. The kitchens are not fitted with appliances, requiring an additional investment for full habitation. The object is a commercial real estate product, not a lifestyle property.

Project Details

Project Name Apartment Complex in Algeciras
City Algeciras
Region Costa del Sol
Prijs €1,100,000
Living Area 1100 m²
Avg. price per m² €1,000 / m²
Parking Yes
Pool No
Garden No
Build Status for_sale
Completion 2024
Published 2026-04-24

Ref: VL942109

Source: Wikipedia, Wikidata, INE, Junta de Andalucía

Lifestyle & Surroundings

This project fits investors looking for a directly rentable real estate portfolio in an economically strong region. The combination of high demand for rental housing by port workers and logistics personnel makes it relevant for capital-rich investors. It is less suitable for people wanting a second home for exclusive private use, due to the urban integration and the commercial nature of the object. For those wishing to deploy capital in a growth market with a stable economic base, this project offers the possibility of immediate cash flow.

Build Quality & Finishing

The building features a modern, white architecture with clean lines, as seen in the visual material. The finish is focused on durability and ease of maintenance, typical for new construction projects in urban areas. The apartments have large window panes allowing for natural light. The kitchens are 'not fitted', meaning there are no built-in appliances or kitchen units present; this allows the finish to be tailored to the tenant demographic. The technical installations are modern and comply with current regulations.

Price & Context

Price & Availability

The asking price for the entire complex is € 1,100,000. This is an all-in price for the building, including the apartments, parking spaces, and the rooftop terrace. Given the surface area of 1,100 m² and the yield potential in this top location, the price positions itself in the higher segment of investment properties in Algeciras. Prices for real estate in this port city vary strongly depending on the state of maintenance and exact location; for new construction, this asking price is market-standard given the potential revenue per square meter.

€1,100,000
Prijs
1100 m²
Living Area

Context & Surroundings

Algeciras is a logistical and economic heavyweight in the Campo de Gibraltar region. Daily life in this project is characterized by the proximity to the port and the resulting commercial activity. For residents, this means direct access to a wide range of shops, including local supermarkets like Mercadona, and dining options. The neighborhood is residential, ensuring a mix of local living and traffic. The presence of a 24-hour pharmacy and sports facilities within reach supports a practical urban life. The climate is mild with an average of 3,736 hours of sunshine per year, making life on the street and the use of balconies and terraces possible for most of the year.

Request Information

Location: Algeciras

Living & Surroundings

The surroundings offer a rich range of amenities fitting a large city. There are 43 restaurants, 25 cafes, and various shops in the immediate vicinity. For daily groceries, a supermarket is within reach (approx. 4.8 km). The proximity to the hospital (5.5 km) and various pharmacies ensures medical security. Culture and recreation are represented by various sports facilities and the proximity to the sea. The connection with the rest of the Costa del Sol is excellent via the A7, making the location suitable for those who need to travel regularly.

Map & Location

The project is located in the central zone of Algeciras, near the Río de la Mello and the ports. The blue marker shows the exact position in the urban context. The distances as the crow flies to beaches and the airport are short, emphasizing the central location.

Aerial view of a coastal city with a large harbor and surrounding mountains.

Location in the Region

Algeciras is the most populated center of the Campo de Gibraltar and acts as an economic engine for the region. It lies strategically on the Bay of Gibraltar, opposite the Rock of Gibraltar. Its position at the southernmost point of the Iberian Peninsula makes it a bridge between Europe and Africa. This distinguishes the location from the tourist centers on the Costa del Sol; it is a working city with an international dimension due to port activities. Culture and history are strongly present in the old town, which is a few minutes' drive away.

Accessibility & Amenities

The project is accessible via the A7 highway, providing quick access to the rest of the coastal strip and the hinterland. The beach of Playa de El Chinarral can be found at a distance of 3.6 km as the crow flies, amounting to a short drive. Gibraltar airport is accessible at 10.0 km, which is particularly favorable for international travelers. Train stations like Algeciras (1.7 km) and Los Barrios (3.7 km) provide connections for regional and national public transport. A car is necessary for daily mobility, despite the presence of 24 public transport lines.

Gibraltar (GIB) 10 km
Malaga-Costa del Sol (AGP) 104 km
Algeciras 1.7 km
Los Barrios 3.7 km

Source: OpenStreetMap, Google Maps

Nature & Climate

Algeciras enjoys a Mediterranean climate with average annual temperatures around 18.0°C. Summers are warm, but the sea breeze provides cooling. The location near the Strait of Gibraltar ensures a unique microclimate with relatively many hours of sunshine (3,736 per year). The swimming temperature is comfortable from May to October (4 months ≥20°C). The elevation of 23 meters above sea level guarantees good drainage and no extreme wind loads. The nature in the immediate vicinity is urban, but the coastline offers places to relax.

3736 Sunshine Hours/Year
4 Swim Season Months
18.0°C Avg. Annual Temperature
23m Elevation

Source: Open-Meteo (2020–2025 average)

Beaches & Recreation

The nearest beaches are Playa de El Chinarral (3.6 km), Playa de Palmones (4.6 km), and Playa de Getares (4.9 km). Playa de Getares holds Blue Flag status, indicating quality and cleanliness of the water. The beaches are wide and offer space to the local population. Besides beaches, there are several golf courses in the region, including La Hacienda Links Golf Resort at 17 km distance. For the athletic, there are 126 facilities in the area, ranging from gyms to outdoor tracks.

Beaches

  • Getares Blue Flag

Sports Facilities

126 Facilities Available

Source: Blue Flag 2026, OpenStreetMap, CSD

Location in the Region

Algeciras is the most populated center of the Campo de Gibraltar and acts as an economic engine for the region. It lies strategically on the Bay of Gibraltar, opposite the Rock of Gibraltar. Its position at the southernmost point of the Iberian Peninsula makes it a bridge between Europe and Africa. This distinguishes the location from the tourist centers on the Costa del Sol; it is a working city with an international dimension due to port activities. Culture and history are strongly present in the old town, which is a few minutes' drive away.

Area Guide: Algeciras

Algeciras is a city and a municipality of Spain belonging to the province of Cádiz, Andalusia. With a registered population as of 2020 of 123,078, it is the most populated municipality of the Campo de Gibraltar. The city is located in the western shore of the Bay of Gibraltar opposite the Rock of Gibraltar, around the mouth of the Río de la Miel, now mostly culverted in its lower course, near the southernmost end of the Iberian Peninsula and continental Europe and the Strait of Gibraltar.

Climate

Month Avg. Temperature Rainfall
January 13.1°C 99 mm
February 13.3°C 109 mm
March 14.9°C 93 mm
April 16.3°C 58 mm
May 17.9°C 44 mm
June 21.5°C 10 mm
July 24.6°C 1 mm
August 25.3°C 3 mm
September 22.7°C 15 mm
October 19.7°C 74 mm
November 16.2°C 134 mm
December 13.9°C 108 mm

Nearby Amenities

43 restaurant
4 school
22 pharmacy
16 bank
25 cafe
1 hospital
8 dentist

Elevation & Terrain

23m Elevation

Transport & Access

10 km Gibraltar (GIB)
104 km Malaga-Costa del Sol (AGP)
495 km Alicante-Elche (ALC)
1.7 km Algeciras
3.7 km Los Barrios
8.3 km San Roque - La Línea
1.8 km Apeadero de Autobuses del Puerto de Algeciras
1.8 km Estación de Autobuses San Bernardo

Summary

  • New construction apartment building with 11 units and 13 parking spaces.
  • Strategic location in Algeciras near the port and A7 connection.
  • Potential yield of approximately 7% due to high rental prices in the region.
  • Includes rooftop terrace and parking facilities.
  • Urban living environment with all amenities within walking distance.

Regional Comparison

Compared to projects in Sotogrande like 'Atria' (from €423,000) and 'Altara Alcaidesa' (from €341,000), this project in Algeciras offers a direct income stream through rental opportunities. While Sotogrande projects focus on luxury vacation homes and a quieter lifestyle, Algeciras offers a dynamic urban environment. Prices in Algeciras are significantly higher in absolute terms for this complex because it is a commercial whole, but the value is determined by yield rather than pure residential enjoyment. Serenity Golf Homes in Sotogrande targets golfers; here the target audience is the port worker and expat wanting to be close to work.

Frequently Asked Questions

Is a 7% yield realistic in this market?
With an average rental price of € 9.00 per m² and an occupancy rate of 90%, this yield is achievable. The strong local economy and demand from port personnel support this percentage.
How far is the airport?
Gibraltar airport is located 10.0 km as the crow flies. Malaga-Costa del Sol Airport is further away at approximately 104 km.
Are the apartments furnished?
No, the apartments are delivered without kitchen installations (not fitted). Kitchen and sanitary facilities are present.
Who are these apartments intended for?
The project is specifically developed for the rental market. Target groups are port workers, expats, and professionals working in Algeciras.
Are there communal facilities like a pool?
No, there is no pool or communal garden. However, there is a rooftop terrace and underground parking.
Is the neighborhood quiet?
The project is located in an urban residential neighborhood, close to shops and a 24-hour pharmacy. It is a normal, lively city neighborhood.
Maiko
Maiko
Real Estate Expert

Maiko is a real estate expert specializing in the Spanish housing market. With in-depth knowledge of the Costa del Sol, Costa Blanca, and other popular coastal regions, he helps buyers find the right property. He analyzes listings based on location, market value, build quality, and livability, providing honest, data-driven advice throughout the entire purchase process.

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Technical Facts
The building spans 3 levels and has a total surface area of 1100 m².
There are 24 public transport lines available in the immediate vicinity.
The nearest Blue Flag beach is Playa de Getares at 4.9 km distance.
Gibraltar Airport is located only 10.0 km as the crow flies.

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