Active ID: 109536946 Mercado

Flat / apartment for sale in Calle Poeta Quintana, 40

3 Bed • 2 Bath • 129 m² • Floor 2

€390,000

↓ 8.2% from €425,000
€390,000 2026-05-21
€425,000 2025-10-11
AI Analyst
Long-term Rental

"Prime 3-bedroom apartment in Alicante’s Mercado district, blending classic high-ceiling charm with modern amenities, elevator access, and abundant natural light—offering strong appeal for urban professionals and families seeking central, walkable living."

Negotiation Leverage Balanced
Value Add Minor cosmetic updates to kitchen and bathrooms could further enhance rental appeal.
Pros
  • Excellent central location near key amenities and transport
  • Well-maintained, move-in ready with elevator and accessibility
  • Spacious layout with natural light and classic architectural features
Cons
  • Gross rental yield (~3.7%) is modest for the price point
  • Potential for higher community fees in central, older buildings
  • Limited value-add opportunities beyond minor cosmetic upgrades
Description

Charming home in the heart of Alicante – Poeta Quintana Street Inmobiliaria Casamayor is selling an exclusive property in perfect condition, located on one of the most emblematic and sought-after streets in the center of Alicante: Poeta Quintana, just a few minutes' walk from the Central Market, La Rambla, and La Explanada. This property combines the charm of high ceilings and spacious classic rooms with the comfort and amenities of a modern home. Natural light is a protagonist thanks to its excellent orientation and large windows that flood the living room with brightness throughout the day. The property is distributed into three bedrooms, one of them with an en-suite bathroom, as well as a second full bathroom. The large, spacious, and cozy living-dining room offers an ideal space for both family life and entertaining guests. The functional and perfectly integrated kitchen has storage space and is designed to make the most of every meter with style and comfort. The building has an elevator without architectural barriers, ensuring total accessibility. The property is well-maintained and has a quiet community, where a pleasant and residential atmosphere prevails in the city center. Thanks to its privileged location, this home offers the possibility of enjoying all services without the need for a vehicle: shops, public transport, restaurants, and leisure areas are just a few steps away. In short, a property with character, elegance, and all the comforts, ideal for both a primary residence and an investment, in one of Alicante's most desirable locations. *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 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 fee regulated in Annex I of Royal Decree 1426/1989, of November 17, which approves the Notarial Fee. - Registration Fees: Registration in the Property Registry will be invoiced according to the official fee established in Annex I of Royal Decree 1427/1989, of November 17, which approves the Fee of Property Registrars. - Agency Fees included in the published price.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €390,000
Taxes (ITP 10%) + €39,000
Notary Fees + €3,276
Registry Fees + €1,248
Gestoría Fees + €1,170
Valuation + Other + €339

Total Investment €435,033
Est. Monthly Rent €1,304/mo
Est. Annual Rent €15,648/yr

Est. Yield 3.3%
Days on Market
242
First seen
2025-10-11
View on Idealista