Flat / apartment for sale in Calle Belando
6 Bed • 4 Bath • 242 m² • Floor 5
€565,000
AI Analyst
Coliving"Spacious 242 m² apartment in central Alicante with 6 bedrooms, 4 bathrooms, and castle views offers significant customization potential in a prime location near the Central Market, ideal for value-add investors seeking scale."
Pros
- •Prime city center location near Central Market and amenities
- •Large floorplan with 6 bedrooms and 4 bathrooms, rare in the area
- •Excellent natural light, views, and recently renovated building entrance
Cons
- •Low gross yield (~3.6%) as a standard rental at current price
- •Significant upfront capex required for modernization
- •High community fees 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.