Active ID: 109971944 Campoamor

Flat / apartment for sale in CL Pintor Velazquez, 59

4 Bed • 2 Bath • 120 m² • Floor 1

€270,000

↓ 15.6% from €320,000
€270,000 2026-05-23
€280,000 2026-03-17
€305,000 2026-03-05
€320,000 2025-11-27
AI Analyst
Long-term Rental

"Spacious 4-bedroom apartment in central Alicante, offering strong value-add potential through renovation, with proximity to Plaza de España and Postiguet Beach, and optional garage—a rare asset in this prime location."

Negotiation Leverage Balanced
Value Add Full interior renovation (kitchen, bathrooms, flooring, fixtures) to modern standards
Pros
  • Prime central location near Plaza de España and beach
  • Large 120 m² layout with 4 bedrooms, ideal for families or sharers
  • Optional garage space adds significant value in city center
Cons
  • Requires full renovation, increasing upfront capital outlay
  • Single bathroom plus toilet may limit appeal for larger households
  • First floor position may be less desirable for some tenants despite elevator
Description

For sale: apartment with an excellent location in the emblematic Edificio Representantes, just a few steps from Plaza de España. This is the perfect opportunity to design your dream home to your specifications, in one of Alicante's most sought-after areas. The apartment, a high first floor with plenty of light, offers a layout of 4 bedrooms, a bathroom, and a toilet, ideal for families or as an investment. It is delivered for renovation, allowing you to personalize every corner to your liking. Enjoy the convenience of having all services at street level (public transport, shops, leisure) and the proximity to Postiguet Beach, only 1.5 km away. Important! Optional garage space for €25,000, a fundamental added value in this central area. AGENCIES, PLEASE DO NOT CONTACT.

Features
Elevator
Terrace/Balcony
Air Conditioning
Parking
Exterior
Investment Summary
Purchase Price €270,000
Taxes (ITP 10%) + €27,000
Notary Fees + €2,268
Registry Fees + €864
Gestoría Fees + €810
Valuation + Other + €339

Total Investment €301,281
Est. Monthly Rent €1,123/mo
Est. Annual Rent €13,479/yr

Est. Yield 3.78%
Days on Market
177
First seen
2025-11-27
View on Idealista