Active ID: 108459671 Mercado

Flat / apartment for sale in Avenida General Marvá, 18

4 Bed • 3 Bath • 222 m² • Floor 6

€690,000

AI Analyst
Long-term Rental

"Spacious 222 m² apartment in Alicante’s prime General Marvá Avenue offers four double bedrooms, high-quality finishes, and abundant natural light—positioned for stable demand and long-term value retention in a sought-after urban location."

Negotiation Leverage Balanced
Value Add Minor cosmetic updates to modernize interiors
Pros
  • Prime city-center location with strong demand and appreciation potential
  • Large, well-distributed living spaces ideal for families or professionals
  • Excellent condition—move-in ready with quality finishes
Cons
  • Gross rental yield is low (~3%), limiting cash flow potential
  • No terrace or outdoor space, which may deter some tenants
  • High acquisition cost and associated taxes/fees reduce initial ROI
Description

Inmobiliaria Casamayor presents this magnificent property located on the prestigious General Marvá Avenue, one of the most sought-after and valued areas of Alicante. Situated in the heart of the city, it perfectly combines tranquility, quality of life, and proximity to all services: shops, schools, parks, public transport, and just a few meters walk to Plaza de los Luceros and the TRAM station. The home stands out for its more than 200 m² built, with a very comfortable layout and generous spaces that provide functionality and comfort in daily life. Main features: * 4 double bedrooms, all with fitted wardrobes and great natural light. * 3 full bathrooms, one of them en-suite within the master bedroom. * 30 m² independent kitchen, ideal for those who enjoy cooking or sharing family moments; it has an office area and ample storage space. * Very spacious and cozy living-dining room, with large windows facing General Marvá Avenue, providing exceptional natural light throughout the day and unobstructed views. * Optional garage Qualities and condition: The home boasts excellent construction qualities: parquet flooring, solid wood interior carpentry, air conditioning, and details that enhance the elegance and comfort of the home. It is in very good condition, ready to move into without the need for renovations. This property is ideal for families seeking space and quality in a privileged location, as well as for those wishing to invest in an area with high demand and guaranteed appreciation. Don't miss this unique opportunity to live in the heart of Alicante, in a comfortable, safe environment surrounded by all conveniences. *This document is purely informative, indicative, and non-binding, therefore it does not constitute any contractual information, and its use is strictly commercial. In compliance with the information obligations provided for in the applicable legislation, as well as in current sector regulations, it is noted that the indicated sale price of the property does not include the expenses and taxes inherent to the acquisition, which are detailed below: - Transfer Tax (ITP): The tax rate in force in the Valencian Community will apply, a general rate of 10%, without prejudice to reduced rates applicable according to the personal circumstances of the buyer or the characteristics of the property. The tax is accrued on the Reference Value or the sale price, whichever is higher. For exhaustive information on the operation, tax rates, and ITP bonuses, you can consult the official portal of the regional Tax Agency at the following link: - Notary Fees: Notary fees will be calculated according to the official tariff regulated in Annex I of Royal Decree 1426/1989, of November 17, which approves the Notarial Tariff. - Registration Fees: Registration in the Property Registry will be invoiced according to the official tariff established in Annex I of Royal Decree 1427/1989, of November 17, which approves the tariff for Property Registrars. - Agency fees included in the published price.

Features
Elevator
Air Conditioning
Parking
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €690,000
Taxes (ITP 10%) + €69,000
Notary Fees + €5,796
Registry Fees + €2,208
Gestoría Fees + €2,070
Valuation + Other + €339

Total Investment €769,413
Est. Monthly Rent €1,710/mo
Est. Annual Rent €20,520/yr

Est. Yield 2.67%
Days on Market
310
First seen
2025-08-04
View on Idealista