Flat / apartment for sale in Calle Belando
6 Bed • 4 Bath • 242 m² • Floor 5
AI Analyst
Coliving"Spacious 242 m², 6-bedroom apartment in central Alicante with castle views, two balconies, and potential for customization. Located near the Central Market, this property offers rare scale and flexibility in a prime urban setting."
Pros
- •Large floor area and six bedrooms ideal for coliving or multi-tenant rental strategies.
- •Prime location near Central Market and public transport, enhancing tenant demand.
- •Building with recent entrance renovation, two elevators, and optional parking.
Cons
- •Of origin condition requires significant modernization investment.
- •Low gross yield (~3.6%) as a standard long-term rental; value-add is needed for higher returns.
- •Community fees (€100/month) and optional parking add to ongoing costs.
Description
Apartment available in the very heart of traditional Alicante, very spacious and with a stately design on the 5th floor, very close to the Central Market. Of origin and very well preserved, it is distributed in a 60 m2 living-dining room, 2 large balconies with fabulous views of the Santa Barbara castle, a large independent equipped kitchen with an office area, 6 bedrooms and 4 bathrooms. Interesting option to personalize to your liking, very bright and with excellent possibilities to live comfortably, in a quiet neighborhood and surrounded by multiple shops and usual services, with public transport stops at street level. An important detail is that the building entrance has been recently renovated and has 2 elevators. Option of 3 parking spaces, each for €30,000 Community fees €100/month. Annual property tax €900.