2 bedrooms apartment in Santa Pola, Alicante, Spain

**9/10** Although the pricing for this property in Kelner seems reasonable at first sight, further analysis reveals some aspects that limit its potential as a lifestyle purchase and real estate investment. Key factors to consider are: * Lack of a backyard as the private solarium's outdoor space is relatively small and mainly occupied by a barbecue area * No parking space included for guests visiting tenants or potential purchasers due to limited availability inside the residential complex * Pet restrictions might deter certain buyer or renter demographics who prefer to own pets * The location at Kelner is well connected to Alicante city center and its business districts, although it might not be ideal for those seeking a very secluded living atmosphere * Being in a long-term rental agreement could offshore the value of the property and reduce flexibility for owners who prefer to live in it themselves * Competition exists, depending on the target tenant pool, which is essential when maximizing income potential * Seasonal demand may lead to varying occupancy rates in a popular neighborhood like Kelner (e.g., avoiding the hottest summer months due to reduced demand) On the other hand, the ‘well-connected neighborhood' is a major strength (healthcare facilities, public parks, shops, leisure facilities, etc. are nearby), combined with a sought-after high-rise location offering beautiful city views. The modern residential building provides a sense of community while maintaining the luxury of a modern private space. This style of living appeals to many young professionals attracted by urban lifestyles in conjunction with some flexibility for tourists who wish to experience the city without its noise if not booked. As an investment opportunity, this property generates a moderate return of 6.3% based on the monthly rent compared to the asking price of €750. However, considering the lack of a backyard and parking issues, potential capital appreciation might be somewhat constrained in comparison to separate property investments offering these features. Prospective buyers should determine how the personal statistically significant trading off of luxuries such as a private backyard or more parking spaces versus additional income from rentals would suit them best. Additionally, the property's overall quality and competitive pricing within the neighborhood will directly influence the likelihood of long-term, high-rent-paying tenants and, thus the stability of cash flow for the investor. Finally, if interest rates for mortgages drop, it may become more competitive with homebuyers citing better affordability than long-term rentals, further adding market pressure should the buyer prefer to take advantage during favorable conditions.