Active ID: 110560126 Mercado

Flat / apartment for sale in CL Pablo Iglesias

3 Bed • 3 Bath • 179 m² • Floor 4

€599,000

↓ 13.2% from €690,000
€599,000 2026-09-17
€645,000 2026-03-29
€660,000 2026-02-17
€690,000 2026-02-07
AI Analyst
Long-term Rental

"Elegant, spacious 179m² apartment in a historic Alicante building, featuring three en-suite bedrooms, high ceilings, marble floors, and balconies. Prime Mercado location, five minutes from the beach, offers exclusivity and strong lifestyle appeal."

Negotiation Leverage Balanced
Value Add Modernize kitchen and optimize layout for premium rental appeal
Pros
  • •Prime central location near beach and cultural amenities
  • •Impeccable condition with high-end finishes and stately features
  • •Spacious layout with three en-suite bedrooms and natural light
Cons
  • •Low gross rental yield (~3.1%) limits cash flow potential
  • •Garage and large storage not included in price
  • •Historic building may entail higher maintenance costs
Description

Yer Inmobiliaria presents an incredible, large-sized apartment in the heart of Alicante, with the option to add a garage space and storage rooms, not included in the price. Stately, large-sized home next to Alfonso El Sabio, 5 minutes from the beach. Exclusive, large-sized residence located next to Alfonso El Sabio, in a stately and historic building in Alicante. A unique property that combines elegance, spaciousness, height, and tranquility, in impeccable condition, practically brand new. The home features three large en-suite bedrooms, highlighting the presidential-style master suite, with a size equivalent to three standard rooms. This suite has a private bathroom, a large closet area, and an independent office space, easily convertible into a large walk-in closet. Additionally, a small storage room is included in the price. It also has two full bathrooms and a guest toilet. The bathrooms have been designed with a modern and elegant style, with light tones, matte black fixtures and fittings, and new designer bathroom furniture, providing a sophisticated and timeless atmosphere. The entire home has a distinct stately character, with elegant white marble floors in all rooms, including the fireplace in the spacious living room, which becomes one of the main features of the house. The high ceilings and construction quality, typical of Alicante's historic buildings, provide a sense of spaciousness and distinction that is hard to find. The living room has two beautiful balconies, which retain their original clay flooring, adding charm and authenticity, as well as excellent natural light throughout the day. The layout is ideal: upon entering the home, to the right is the living and dining area, along with a guest toilet, perfectly separated and away from the kitchen. The kitchen is independent, with its own window to a light well, a bar area ideal for breakfast or coffee, and a large pantry, perfect for storing non-perishable or heavier items. In the other wing of the home is the sleeping area, completely independent from the social area, which guarantees silence and comfort. Thanks to this layout, even during events like the Hogueras de Alicante, the home maintains absolute tranquility, being perfectly habitable all year round. All rooms and areas are ventilated and illuminated through light wells, ensuring natural ventilation and constant brightness. Regarding services and surroundings, the home is in an absolutely privileged location. A few steps away is the Central Market, ideal for daily shopping for fresh, quality products. Also very close are theaters, museums, and cultural spaces, perfect for enjoying the city's cultural and artistic offerings all year round. In addition, the beach is just a five-minute walk away, allowing you to enjoy the sea and the promenade without the need for a vehicle. The property offers the possibility of including its own garage space and a large storage room, which can be incorporated into the home as optional extras, not included in the price. It does include a small storage room on the 6th floor. A bright home, with height, natural sun throughout the day, and a perfect combination of location, spaciousness, tranquility, and exclusivity. Decorated in an elegant and timeless style, so well-maintained that it looks brand new, having had very little use. For more information or to arrange a visit, Ana Lozano – YER REALTY I am at your disposal to accompany you on a visit to your future home or to answer any questions you may have. You can write to me via WhatsApp or call me whenever you wish at.

Features
Elevator
Terrace/Balcony
Air Conditioning
Parking
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €599,000
Taxes (ITP 10%) + €59,900
Notary Fees + €5,032
Registry Fees + €1,917
Gestoría Fees + €1,797
Valuation + Other + €339

Total Investment €667,984
Est. Monthly Rent €1,800/mo
Est. Annual Rent €21,600/yr

Est. Yield 3.23%
Days on Market
257
First seen
2026-02-07
View on Idealista