Active ID: 109623831 Mercado

Flat / apartment for sale in Calle José Gutiérrez Petén

4 Bed • 4 Bath • 125 m² • Floor 1

€349,950

↓ 2.8% from €359,950
€349,950 2026-04-09
€359,950 2025-10-22
AI Analyst
Long-term Rental

"Spacious 4-bedroom apartment in Alicante’s Central Market area, blending classical architecture with modern amenities, offers strong tenant appeal due to its prime location, functional layout, and proximity to transport, beaches, and city attractions."

Negotiation Leverage Balanced
Value Add Modernize heating system and update bathrooms for higher rental yield
Pros
  • Prime city-center location near transport and amenities
  • Four bedrooms and three bathrooms increase rental flexibility
  • Good condition with modern open-plan layout
Cons
  • Older building (1962) may require ongoing maintenance
  • Butane gas heating less efficient than modern systems
  • Rental yield (~4.2%) is moderate for the price point
Description

Lion Capital Group presents this magnificent property located in one of the most iconic and sought-after areas of Alicante: the Central Market. A home with character, combining the elegance of classic architecture with modern comfort, all in a privileged location in the heart of the city. With a surface area of 115 m², this home is distributed into four spacious bedrooms, two of them with en-suite bathrooms, and a total of three full bathrooms, offering great functionality for both daily life and hosting guests with total comfort. One of the bedrooms has access to a balcony, ideal for enjoying natural light and the connection to the outdoors. Additionally, the property includes a private interior patio, perfect as a breathing space, green area, or reading nook. The home features a kitchen open to the living room, creating a spacious, modern, and functional area that encourages social interaction and the entry of natural light. This layout improves the flow between rooms and offers a sense of greater spaciousness. The property is located in a building constructed in 1962, situated in a very well-established and high-demand area of Alicante. It is in very good condition and has individual butane gas heating. The location is unbeatable: just a few minutes from Plaza de Luceros, the Renfe train station, the Port of Alicante, and Postiguet beach. Furthermore, it has an excellent range of commercial, gastronomic, and cultural offerings, as well as tram and bus connections, facilitating access to any point in the city.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €349,950
Taxes (ITP 10%) + €34,995
Notary Fees + €2,940
Registry Fees + €1,120
Gestoría Fees + €1,050
Valuation + Other + €339

Total Investment €390,393
Est. Monthly Rent €1,312/mo
Est. Annual Rent €15,743/yr

Est. Yield 3.55%
Days on Market
231
First seen
2025-10-22
View on Idealista