G-Estates Smart property investment

Income-Generating Residential Building for Sale in Alicante AltozanoA brand-new detached residential investment property located in the consolidated Altozano district of Alicante. The building is fully completed and ready to generate rental income, offering flexible strategies to maximize returns. The property includes: 4 residential floors one apartment per floor Shared rooftop terrace Basement level with storage rooms ElevatorTotal: 4 independent apartments, each featuring: 2 bedrooms 2 bathrooms Living room with kitchen area Private terraceApproximate sizes: Apartments: 5057 sqm usable area each Terraces: 78. 4 sqm Basement: 63 sqm Total usable residential area: 273 sqm Total constructed area with common elements: 403 sqmAnnual ownership costs: IBI property tax: €1,188. 22/year Waste collection basura: €462/yearInvestment scenarios:There are two possible strategies for this asset:Option 1 Keep the current layout 4 apartmentsEstimated long-term rental yield: approx. 5. 5% annually. Option 2 Reconfigure into 8 studio unitsPotential rental yield may reach approx. 7. 5% annually excluding future capital appreciation. Key advantages: Fully detached building New construction with elevator One unit per floor strong tenant appeal Private terraces in each apartment Shared rooftop terrace Basement with storage rooms Located in a well-established residential area near the city centerA flexible investment opportunity with the potential to optimize rental income and increase long-term asset value.