Flat / apartment for sale in Calle San Vicente
4 Bed • 2 Bath • 134 m² • Floor 5
€390,000
AI Analyst
Long-term Rental"Spacious 4-bedroom apartment in the heart of Mercado, Alicante, offering strong rental appeal due to its central location, garage, and high-quality finishes. Ideal for investors seeking stable urban demand and value-add potential through modernization."
Pros
- •Prime central location near Central Market with strong tenant demand.
- •Includes garage space, a rare asset in city center properties.
- •Large, well-distributed layout with natural light and potential for upgrades.
Cons
- •Current rental yield is moderate (~3.8% gross), limiting short-term returns.
- •Property may require modernization to achieve premium rents.
- •Potential for higher transaction costs due to taxes and fees in the Valencian Community.
Description
Discover this magnificent 135 m2 home, located in an unbeatable area, just a few steps from the Central Market, in the heart of the city. An exceptional option for those seeking spaciousness, comfort, and superior quality. The property has 4 well-distributed bedrooms and 2 bathrooms, one of them en-suite, which provides privacy and comfort. The living-dining room, spacious and very bright, becomes the center of the home, climate-controlled with air conditioning in both the living room and the main bedroom. The independent kitchen offers a functional and comfortable space, ideal for day-to-day life. The wooden floors add warmth and elegance to each room, reinforcing the feeling of home. As an added value, the property has a garage space, a real advantage in such a central area. In addition to its excellent layout, the property stands out for its high-quality finishes and its many possibilities for updating, allowing it to be adapted to the new owner's taste. Its location, surrounded by all services, shops, and a vibrant urban life, makes this home a unique opportunity. The indicated price does not include the expenses and taxes inherent to the acquisition, which are broken down below: Property Transfer Tax (ITP): The tax rate in force in the Valencian Community will be applied (generally 10%), without prejudice to reduced rates of 8%, 6%, 4%, and 3% depending on the personal circumstances of the buyer or those of the property. The tax is accrued on the Cadastral Reference Value or the sale price, whichever is higher. Notary Expenses: Fees will be calculated according to the official tariff regulated in Annex I of R. D. 1426/1989. Registry Expenses: The registry registration will be billed according to the official tariff established in Annex I of R. D. 1427/1989. Management Expenses (Gestoría): Fees for administrative processing, tax settlement, and registry registration amount to between €300/400 (VAT included). Agency Fees: Paid by the owner. For comprehensive information on tax rates and ITP bonuses, you can consult the official portal of the Valencian Tax Agency: * THIS ADVERTISEMENT MAY CONTAIN ERRORS AND THE CONTENT IS NOT BINDING. IT IS SHOWN FOR INFORMATIONAL AND NON-CONTRACTUAL PURPOSES.