Last updated on June 21st, 2023
airbnb property for sale Alicante City Center
Are you interested in investing in a property in Alicante where you can maximize profitability? Then you must consider the major things to look out for when buying a property for Airbnb. It’s also important to check Airbnb rules in Alicante to operate the business without any hesitations.
The popular capital of the Costa Blanca, Alicante, can be considered an ideal destination thanks to its strategic geographic position which provides enviable weather conditions all year round.
This city has beautiful sandy beaches and a historic center that has an interesting civil and religious architectural legacy. An interesting fact is that, in 2021, Alicante welcomed more than 9 million tourists according to Alicante en Cifras.
Alicante market can bring many benefits to investors like you that are considering investing in a property here! The rental yield is close to 7% and home values had an evolution of 11.4% this year according to a report from Idealista.
Source: Idealista
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“Alicante is a Mediterranean city that can offer an excellent quality of life thanks to its warm and sunny climate, affordable prices, gastronomy and shopping. The city also boasts a large commercial and tourist port, which has also become a stopover for cruise ships, as well as large white sandy beaches, making it very attractive to foreigners and investors looking for good buying opportunities.”
Aside from looking at a property’s fascinating architectural design, proximity to major tourist areas, and accessibility to the best go-to places, the primary step is to determine profitability. In this article, we’ll discuss the metrics in order to gauge the best property investment.
This includes the best website recommendations for property investment, defining property gross rental yield, cash-on-cash return, and annual revenue, along with some of the most ideal and profitable properties according to their location. Stoked to learn more? Continue reading!
Is Property Investment Profitable in Alicante City Center?
Using an Airbnb calculator, it was discovered that a 2-bedroom apartment in Alicante City Center can generate an annual revenue of €33,619 with a steady occupancy rate of 77% and a nightly rate of €144.
airbnb property for sale Alicante City Center
Cheap properties for sale in Alicante City Center
Finding the best properties that have the potential to produce high yields and capital growth are certainly some of the preferences of major investors. It’s always best to ask for assistance from real estate agents to access exclusive and unique properties during the development stage.
At the same time, it’s even better when a property investor like you conducts research about predicted growths and market forecasts. You can find studios, apartments and houses for sale in Alicante in popular zones such as Vistahermosa, La Albufereta or even near Playa San Juan. Here are some of the profitable properties in Alicante City Center along with the calculated gross rental yield, cash-on-cash return, and annual revenue:
Valencia, Alicante, Benitatxell, Spain
1. Studio-type Property for Sale in Alicante
51.6 miles to Alicante International Airport
Asking Price: €60,000
| GROSS RENTAL YIELD | 27.39% |
| ANNUAL REVENUE | €16,431 |
| CASH ON CASH RETURN | 56.39% |
Valencia, Alicante, Denia, Spain
2. 1-Bedroom Property for Sale in Alicante
400 m far from the best beach in Denia (Els Molins)
Asking Price: €76,000
| GROSS RENTAL YIELD | 24.00% |
| ANNUAL REVENUE | €16,562 |
| CASH ON CASH RETURN | 46.24% |
Alicante, Alicante, Valencia, Spain
3. 2-Bedroom Property for Sale in Alicante
Walking distance to Hartkopf Park
Asking Price: €72,000
| GROSS RENTAL YIELD | 23.48% |
| ANNUAL REVENUE | €16,904 |
| CASH ON CASH RETURN | 44.67% |
Alicante, Alicante, Valencia, Spain
4. 3-Bedroom Property for Sale in Alicante
9.1 miles to Alicante International Airport
Asking Price: €72,000
| GROSS RENTAL YIELD | 25.88% |
| ANNUAL REVENUE | €18,635 |
| CASH ON CASH RETURN | 51.88% |
Valencia, Alicante, Relleu, Spain
5. 4-Bedroom Property for Sale in Alicante
26.6 miles to Alicante International
Asking Price: €100,000
| GROSS RENTAL YIELD | 25.55% |
| ANNUAL REVENUE | €25,547 |
| CASH ON CASH RETURN | 50.87% |
Conclusion
Since Airbnb is rapidly increasing and constantly changing for each city in the world, it is crucial to make decisions based on wild guesses. The data points mentioned in this article for Alicante such as Airbnb occupancy rates, annual revenue, and average daily rate should be the primary basis before investing in a property.
Hence, if the data presented above has given you ideas to boost your strategic pricing plan for your business, then an Airbnb rental arbitrage calculator is certainly what you need for success in the long run. It’s a fact that some of the STR investors are also considering Airbnb Rental Arbitrage, but they still need to have a reliable data tool on which to base their conclusions!
As we live in a digital era, an accurate data analytics tool can help your business stand out among your surrounding competitors and benchmark your property by tracking the occupancy rates of competing listings in your preferred city.
