Active ID: 110259164 Campoamor

Flat / apartment for sale in CL Rafael Asin

• Floor 0

€132,000

↓ 2.2% from €135,000
€132,000 2026-03-11
€135,000 2026-01-09
AI Analyst
Avoid

"Bare ownership sale of a spacious 149 m² ground floor apartment in Alicante’s Campoamor area, offered at a 35% discount to market value. Includes parking, two patios, and strong local amenities, but occupancy is deferred until seller’s life interest ends."

Negotiation Leverage Balanced
Value Add None - Occupancy deferred; value add not feasible until usufruct ends
Pros
  • Significant discount to market value (35%)
  • Large apartment with two patios and parking included
  • Located in a well-serviced, central Alicante neighborhood
Cons
  • Immediate occupancy or rental income not possible due to life usufruct
  • Buyer assumes ongoing property taxes and building insurance
  • Liquidity risk and uncertain timeline for possession
Description

Fantastic INVESTMENT! The BARE OWNERSHIP of this fantastic apartment on Rafael Asín Street, Alicante, is for sale. The current owner, an 81-year-old gentleman, will retain the right to use and enjoy the property for life. The property has a market value of €215,000 and a 35% discount is applied to that value. What does this imply? FORMALIZATION COSTS: Paid in full by the buyer. The expenses generated in the sale (Property Transfer Tax, notary and registration). With the exception of the Municipal Capital Gains Tax, which will be paid by the seller. MAINTENANCE COSTS: Once the operation has been formalized before a notary, the housing costs will be distributed as follows: 1. The Real Estate Tax (IBI), extraordinary assessments and building insurance will be assumed BY THE BUYER. 2. The ordinary community fee, contents insurance, the urban waste tax and supplies (electricity, water, etc. ); whether individualized or not, will be assumed BY THE SELLER. Description of the property: Spacious ground floor apartment of approximately 149 m² built, located on Rafael Asín Street, in a consolidated residential area of Alicante, with all services a few steps away and good connection to the city center. The house is distributed in three bedrooms, a complete bathroom and a second service bathroom, in addition to an equipped kitchen and a spacious dining room, ideal for daily life and family gatherings. It stands out for having two patios, one of them a terrace type, which provide natural light and pleasant, very usable outdoor spaces. Includes a parking space, an important added value in the area. The surroundings offer proximity to supermarkets, educational centers, public transport, green areas and shops, which makes this home a very comfortable option both as a habitual residence and as an investment. PROFESSIONAL FEES ARE €6,000 PLUS VAT AND ARE NOT INCLUDED IN THE SALE PRICE.

Features
Elevator
Terrace/Balcony
Air Conditioning
Parking
Exterior
Investment Summary
Purchase Price €132,000
Taxes (ITP 10%) + €13,200
Notary Fees + €1,109
Registry Fees + €422
Gestoría Fees + €396
Valuation + Other + €339

Total Investment €147,466
Est. Monthly Rent €0/mo
Est. Annual Rent €0/yr

Est. Yield 0.0%
Low (Estimated)
Days on Market
98
First seen
2026-01-09
View on Idealista