Active ID: 108693056 Carolinas Bajas

Flat / apartment for sale in Calle de Martínez de Velasco, 4

4 Bed • 1 Bath • 99 m² • Floor 1

€192,000

↓ 2.8% from €197,500
€192,000 2026-02-27
€197,500 2025-11-06
AI Analyst
Long-term Rental

"Spacious 4-bedroom apartment in central Alicante, offering strong transport links, proximity to the beach, and a well-maintained building—ideal for maximizing rental demand and long-term value retention."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathroom to increase rental yield
Pros
  • Excellent public transport connectivity (tram, bus, airport)
  • Central location near beach and market
  • Building in good condition with elevator
Cons
  • Single bathroom may limit appeal for larger households
  • Interior finishes (kitchen, bathroom) likely dated
  • No mention of air conditioning or recent renovations
Description

For sale is this bright and magnificent apartment in one of the most central areas of the entire city. Just a few meters from the Marq Castillo tram stop (tram that connects the entire city with all lines (1-2-3-4)). It is also located right where the C6 bus stop is, which connects (airport - city center) and all other buses are 1 stop from the market. It is connected to Postiguet beach in 5 minutes and a 10-minute walk from the central market of Alicante. The building is in perfect condition with its exposed brick and elevator. The apartment has 4 spacious bedrooms, 1 bathroom with a window, a patio for hanging clothes, a wooden kitchen with appliances, and is square-shaped without a long hallway.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €192,000
Taxes (ITP 10%) + €19,200
Notary Fees + €1,613
Registry Fees + €614
Gestoría Fees + €576
Valuation + Other + €339

Total Investment €214,342
Est. Monthly Rent €1,283/mo
Est. Annual Rent €15,394/yr

Est. Yield 7.18%
Days on Market
162
First seen
2025-11-06
View on Idealista