New student residence, Alicante, Spain

Additional information is provided after the signing of an NDA

New student residence, Alicante, Spain

659,000 €
967 € /m²
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  • Total area
    681 m²
  • Yield
    8.3 %
  • Rental rate (m²/month)
    6 €
  • Completion in
    2020.II
Details
Property parameters
  • Total premises: 12
Financial performance
  • Annual income: 54,720 €
Transaction costs
  • Broker: 5.0 %

Student residence located close to the University of Alicante.

Description

The student residence includes 12 loft-style apartments ranging from 37 to 68 m² each, with a total area of 681 m².

The apartments will be fully equipped with furniture and electrical equipment and will be ready for rent on a turn-key basis.

Completion date – April 2020.

Extra opportunities

A Golden Visa can be obtained with the purchase of this property (residence permit for investments).

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Financial performance

It is possible to pay rent for 3 years in advance, by deducting the rental amount for 3 years from the purchase amount.

Total: 659,000 € - (54,720 € x 3) =,494,840 €.

Location

The property is located in 3 bus stops from the University of Alicante.

Alicante is a resort town in eastern Spain, the center of the province of the same name. It is considered the capital of the eastern Spanish coast and the main resort of the Costa Blanca. The population of the city is more than 300 thousand people.

Alicante is the most popular province of Spain among foreigners – last year, 50% of local house purchases were made by foreigners. In addition, there is one of the largest airports in the country, serving up to 13 million passengers per year.

  • Property on the map
    Location right down to the building, street or city
  • Other properties
    Other offers nearby

More properties

If this property wasn’t for you, take a look at other student accommodation (building) for sale in Spain.

You can see more student accommodation (building) for sale in Alicante elsewhere on our website.

Statistics in Valencia

Price per m², €
2,653
Healthcare efficiency level
82
Index 82 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
74
Index 74 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, €
Apartment in the city centre, m² 2,652.73
Apartment in a bedroom community, m² 1,468.18
Transport Price, €
Public transport, 1 ride 1.5
Monthly travel card 41.0
Taxi, 1 km 1.08
Petrol, 1 l 1.28
Food Price, €
Water, 1.5 l 0.42
Milk, 1 l 0.69
White bread, 500 g 0.78
Eggs, a dozen 1.44
Chicken fillet, 1 kg 6.17
Education Price, €
Kindergarten, per month 347.64
International school, per year 6,972.73
Health care index
Staff competence 81.67
Medical equipment 89.81
Research accuracy and completeness 83.33
Attitude towards patients 75.83
Security index
Crime rate 18.6
The risk of being robbed 20.18
The risk of car theft 32.69
The risk of break-in and property damage 37.05

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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Anna Kurianovich
Anna Kurianovich
Investment consultant in Alicante
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