This two-bedroom, one-bathroom ground-floor apartment is situated in the popular town of Pilar de la Horadada, on the southern Costa Blanca. Priced at €195,000, the property offers a private garden, terrace, communal swimming pool and parking space, making it an attractive opportunity for buyers looking for a rental investment with the possibility of personal use in the future.
The apartment offers comfortable accommodation with two bedrooms and a bathroom, together with a practical layout suitable for everyday living. Its ground-floor position provides convenient access to the private outdoor areas, including a pleasant terrace and garden, offering space for relaxing and enjoying the Mediterranean climate.
The property is situated within a peaceful residential development with access to a communal swimming pool, providing an attractive outdoor area for residents to enjoy. A private parking space is also included, adding convenience for both residents and future owners.
An important feature of this property is that it is currently rented to an established tenant under a tenancy agreement running until 2028. The rental income is €650 per month, providing an annual income of €7,800, equivalent to a gross rental yield of approximately 4% based on the asking price of €195,000, before taxes, maintenance and other ownership costs.
This makes the apartment particularly suitable for investors looking for an existing rental income without the immediate need to find a tenant. It may also appeal to buyers planning to purchase a property on the Costa Blanca now with the intention of using it themselves in the future, subject to the terms of the existing tenancy agreement and applicable rental legislation.
The apartment enjoys a convenient location in Pilar de la Horadada, within easy reach of the town centre, where you will find a wide selection of supermarkets, shops, restaurants, cafés and everyday amenities. The beautiful sandy beaches of the Mediterranean coastline are also nearby, making this an attractive area for both permanent residents and holiday homeowners.
Pilar de la Horadada offers a pleasant combination of traditional Spanish town life and easy access to coastal attractions, golf courses and leisure facilities. Its location on the southern Costa Blanca also provides convenient connections to surrounding towns and the wider Murcia and Alicante regions.
With its two bedrooms, private garden, terrace, communal swimming pool, parking space and existing rental income, this ground-floor apartment offers an interesting opportunity for buyers seeking an investment property in a desirable location.
The property is offered for sale at €195,000 and is sold subject to the existing tenancy agreement, currently running until 2028.
Contact us today for further information about the property, rental arrangements or to discuss the purchase process.