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Building in Torrevieja

Torrevieja• Torrevieja, Alicante
€1,800,000

ENTIRE BUILDING WITH 5 APARTMENTS AND TOURIST LICENCES IN THE CENTRE OF TORREVIEJA A rare investment opportunity in the heart of Torrevieja. A whole building with 5 self-contained apartments, all holding valid tourist licences, currently operating and generating documented income. Located on Calle Caballero de Rodas 55, a few metres from the Town Hall, Plaza de la Constitución and the seafront promenade. An established area with strong tourist demand year-round. The building holds 5 apartments: Floor 1: 2 bedrooms, 2 bathrooms – 85 m² Floor 2: 2 bedrooms, 2 bathrooms – 85 m² Floor 3: 2 bedrooms, 1 bathroom – 85 m² Floor 4: 2 bedrooms, 1 bathroom – 79 m² Floor 5: 1 bedroom, 2 bathrooms – 62 m² Total built area: approximately 396 m² Year built: 1970 Lift in the building This is a running business with a real income history: Annual revenue around 140,000 € Average annual NOI approximately 62,000 € Operating margin close to 45% Average daily rate: 96.73 € The returns are backed by three years of trading figures. The asset is ready to keep operating with no ramp-up period. The building is sold together with the services of a specialist management company, under contract until December 2026. That gives you operational continuity, stable income and a clean handover with no disruption. The key to this investment: the building holds active tourist licences at a time when Torrevieja has tightened its rules sharply. That limits new competition and protects the value of the asset over the long term. This suits a buyer looking for recurring income from day one, with further upside from capital appreciation in one of the most sought-after areas on ‌the ‌Costa ‌Blanca. A ‌turnkey ‌operation ‌with a ‌cost structure already optimised and professional ‌management ‌in place. For more ‌information, ‌full documentation ‌or to arrange ‌a ‌viewing, ‌get ‌in ‌touch ‌directly.

Property Details

Property Type
other
Status
Available
Bedrooms
9
Bathrooms
5
Living Area
396 m²

Amenities & Features

Air Conditioning
Elevator
Furnished
Terrace

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Reference:
R5390299