Active ID: 110471663 Mercado

Flat / apartment for sale in Calle Pintor Velazquez, 12

4 Bed • 1 Bath • 124 m² • Floor 1

€280,000

↓ 4.8% from €294,000
€280,000 2026-02-27
€294,000 2026-01-28
AI Analyst
Long-term Rental

"Spacious 4-bedroom apartment with terrace in Alicante’s prime Mercado area, offering strong walkability, excellent transit access, and value appreciation potential due to its central location and flexible layout."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathroom to increase rental yield and market value
Pros
  • Prime city center location near transit, shopping, and beach
  • Large 4-bedroom layout suitable for families or sharers
  • Terrace and good natural light enhance tenant appeal
Cons
  • Only one bathroom for four bedrooms may limit some tenant profiles
  • Building dates from 1967; potential for higher maintenance costs
  • First floor location may be less desirable for some renters
Description

Spacious apartment with terrace in the Mercado area – Alicante city center We present this excellent opportunity to acquire a spacious property in the heart of Alicante, located on Calle Pintor Velázquez, in the sought-after Mercado area. The property offers 107 m² built (101 m² usable) and is situated on the first floor of a building with an elevator, constructed in 1967. Prime central location One of the main highlights of this property is its excellent location, with many of Alicante’s key landmarks within walking distance: Mercado Central de Alicante – approx. 1 minutes walk Avenida Alfonso X El Sabio – approx. 2 minutes walk TRAM Metropolitano de Alicante stop (Mercado) – approx. 4 minutes walk Alicante city centre / shopping area – approx. 5 minutes walk Beach and Explanada de España – approx. 10 minutes walk Alicante-Terminal (RENFE train station) – approx. 15 minutes walk This location allows you to enjoy everything the city offers without needing a car. Comfortable and functional layout The apartment features a spacious and practical layout: 4 bedrooms 1 full bathroom Bright living room with access to a balcony Independent kitchen Good natural light throughout the property A great opportunity in the city center An ideal property for buyers looking for space in central Alicante, whether as a permanent residence, holiday home, or investment with strong potential for value appreciation.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €280,000
Taxes (ITP 10%) + €28,000
Notary Fees + €2,352
Registry Fees + €896
Gestoría Fees + €840
Valuation + Other + €339

Total Investment €312,427
Est. Monthly Rent €1,243/mo
Est. Annual Rent €14,914/yr

Est. Yield 4.77%
Days on Market
80
First seen
2026-01-28
View on Idealista