Fantastic opportunity to obtain a large amount of space in the very heart of Caudete for minimal outlay. We are delighted to present this unique property, which can be configured as two or three apartments, or as a combination of apartments and a commercial unit. The flexibility of the layout means there could be two spacious apartments, a shop, and even a small bedsit – offering a variety of income possibilities.

With a conservative estimated annual yield of around 12.5% when all units are rented, this is a sound investment opportunity. The two main apartments are identical, each offering 119 m² of living space. Both feature a small balcony and have access to a large shared sun terrace. Inside, you’ll find an open-plan kitchen-diner, a family bathroom, two double bedrooms, and an internal courtyard currently used as a utility area. The main bedroom, situated off the entrance hallway, enjoys a double-aspect layout that fills the space with natural light and includes access to the balcony.

On the ground floor, the shop or apartment space measures 102 m² and has direct street access – ideal for commercial use or conversion into another living area. This level includes a kitchenette, a single bedroom, a shower room/toilet, and separate WC, and two storage rooms. Additionally, there is access to a large storage area with approximately 1.5 m of headroom, providing excellent extra space.

The property’s location couldn’t be better – just a short stroll to supermarkets, bars, and banks, with Caudete’s museum and theatre opposite. In an area where rental apartments are in high demand, this property represents an exceptional investment with strong potential for return.