Active ID: 110996780 Mercado

Flat / apartment for sale in General marva, 10

4 Bed • 2 Bath • 95 m² • Floor 7

€350,000

AI Analyst
Long-term Rental

"Spacious 4-room apartment in central Alicante with castle views and terrace offers strong location fundamentals, but requires full modernization to unlock rental or resale value. Prime for value-add investors seeking core city exposure."

Negotiation Leverage Balanced
Value Add Full interior renovation (kitchen, bathrooms, finishes) to modern standards
Pros
  • Prime central location near Mercado, high tenant demand
  • Castle and city views with terrace, enhancing appeal
  • Elevator and exterior orientation for comfort and accessibility
Cons
  • Original condition—significant renovation required
  • Above-average price per sqm for unrenovated asset
  • Potential noise and congestion due to central location
Description

NO REAL ESTATE AGENCIES TO CALL. Unique opportunity in the center of Alicante An opportunity to make your apartment to your liking, the apartment is original. The property has views of the castle and the city of Alicante. Spacious and bright rooms A property that offers the experience of watching the mascletas from the rooftop and being able to enjoy them. To schedule an appointment, call me and we'll visit it.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €350,000
Taxes (ITP 10%) + €35,000
Notary Fees + €2,940
Registry Fees + €1,120
Gestoría Fees + €1,050
Valuation + Other + €339

Total Investment €390,449
Est. Monthly Rent €1,116/mo
Est. Annual Rent €13,395/yr

Est. Yield 3.43%
Days on Market
1
First seen
2026-03-29
View on Idealista