Flat / apartment for sale in Plaza Nueva
3 Bed • 2 Bath • 100 m²
€249,900
AI Analyst
Avoid"This equity release (nuda propiedad) apartment in Alicante’s vibrant Plaza Nueva offers a 33% discount to market value, with a fully renovated 3-bed, 2-bath layout and prime city-center location—ideal for long-term capital appreciation."
Pros
- •Significant 33% discount to market value via nuda propiedad structure
- •Prime central Alicante location with strong long-term appreciation potential
- •Fully renovated, bright corner unit with modern finishes
Cons
- •Immediate possession/use is not possible due to lifetime usufruct (elderly occupants)
- •No rental income until usufruct ends, making cash flow unpredictable
- •Liquidity risk: resale market for nuda propiedad is limited and illiquid
Description
THIS IS AN EQUITY RELEASE / NUDA PROPIEDAD Usufruct Duration: Lifetime Market Value: €375,000 Purchase Today*: €249,900 Discount: 33% *Inclusive of Buyers Commission Property Type: Apartment Location: Alicante City, Alicante Bedrooms: 3 Bathrooms: 2 Internal Surface: 100m² Plot Size: 105m² Pool: No Condition: Excellent Occupants (Usufruct Holders): Male 84 & Female 85 Usufruct Rights: Lifetime use of property Property Description: Discover this beautifully renovated apartment on the iconic Navas Street, one of Alicante’s most vibrant and central locations, just minutes from the Central Market, the Explanada, and the Harbour. Situated on the first floor of a charming building with a lift, this corner apartment is flooded with natural light from numerous windows and a wraparound terrace, offering a bright and welcoming living space. The home features three bedrooms, two bathrooms, a fully equipped kitchen, central heating, and solid hardwood flooring. From the terrace, you can enjoy the lively atmosphere of the city center and the charm of Alicante’s typical streets, making this a perfect blend of comfort, style, and authentic city living. Both buyer and seller benefit from legally sound contracts, officially signed and registered with a Spanish public notary and the Land Registry. In addition to the purchase price, the buyer pays Property Transfer Tax, notary fees, Land Registry fees.