Flat / apartment for sale in Plaza de los Luceros
1 Bed • 1 Bath • 192 m²
€529,000
AI Analyst
Avoid"Unfinished 192 m² apartment in Alicante’s central Mercado area offers significant customization potential, but requires substantial capital to complete construction and faces liquidity and absorption risks in a competitive urban market."
Pros
- •Prime central location near Plaza de los Luceros and amenities
- •Large floor area allows flexible adaptation or subdivision
- •High negotiation leverage due to stalled construction and likely seller motivation
Cons
- •Significant capital expenditure required to finish construction
- •Liquidity risk: resale or rental absorption may be slow for large, non-standard units
- •Single-room configuration limits immediate rental income potential
Description
Apartment corresponding to a multi-family housing block of approximately 192 m² located in the municipality and province of Alicante. The property is under construction, ideal for new adaptations according to new needs. It is located near the center of the municipality where it has good communication, surrounded by similar homes and green areas, within reach of all services, such as educational and sports facilities, various types of shops, health center, leisure, commercial establishments, among others. It is well connected by several bus and taxi lines in its vicinity, its connection with the rest of the municipality is good. Unfinished property. Work stopped.