Flat / apartment for sale in Calle Maestro Gaztambide
3 Bed • 1 Bath • 119 m² • Floor 0
€260,000
AI Analyst
Long-term Rental"Spacious 119 m² ground floor apartment in Mercado, Alicante, offers strong value-add potential through renovation or possible division into two units, benefiting from high demand and privacy with only one neighbor per floor."
Pros
- •Prime location in high-demand Mercado area with strong rental demand
- •Large, flexible layout suitable for renovation or division
- •Quiet street and building with only one neighbor per floor, enhancing privacy
Cons
- •Ground floor may limit rental premium and natural light
- •Requires significant renovation to maximize value
- •Estimated rent (€1,300/month) yields a modest gross yield (~6%), below area average for value-add projects
Description
Fantastic apartment for sale with very good and diverse renovation possibilities and a very good distribution of rooms, making it possible to accommodate large spaces, even separating it into two homes. It currently has three bedrooms, a living room, a huge independent kitchen, and a bathroom. It is a quiet and silent exterior ground floor. Also very interesting as an investment, as the average rent in the area for similar apartments is 1,600 euros per month. The home is located in the Mercado area, one of the most in-demand areas currently, in full boom, a cosmopolitan neighborhood where you can enjoy a wide variety of leisure and culture. The street is very quiet and the neighborhood is ideal for those who like to enjoy the city center. The building has only one neighbor per floor, which provides the home with a lot of privacy, and it also has all services at street level and very good transport links. If you are interested in visiting it or have any questions or doubts, you can write or call me at 6 2 6 5 0 2 8 9 5.