Active ID: 110443750 Mercado

Flat / apartment for sale in Plaza de los Luceros

1 Bed • 1 Bath • 192 m²

€528,000

↓ 0.2% from €529,000
€528,000 2026-05-10
€529,000 2026-01-27
AI Analyst
Avoid

"Large, unfinished 192 m² apartment in central Alicante offers significant customization potential, but requires substantial capital to complete construction and faces a challenging layout with only one room."

Negotiation Leverage High
Value Add Complete construction, reconfigure layout to increase bedroom count, modern finishes
Pros
  • Prime central location near Plaza de los Luceros and amenities
  • Large floor area allows flexible reconfiguration
  • High negotiation leverage due to stalled construction
Cons
  • Unfinished state requires significant additional investment
  • Current layout with only one room limits rental yield
  • Potential permitting or construction risk due to work stoppage
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.

Features
Elevator
Investment Summary
Purchase Price €528,000
Taxes (ITP 10%) + €52,800
Notary Fees + €4,435
Registry Fees + €1,690
Gestoría Fees + €1,584
Valuation + Other + €339

Total Investment €588,848
Est. Monthly Rent €1,604/mo
Est. Annual Rent €19,244/yr

Est. Yield 3.26%
Days on Market
134
First seen
2026-01-27
View on Idealista