Active ID: 111026693 Mercado

Flat / apartment for sale in Avenida General Marvá

4 Bed • 2 Bath • 119 m² • Floor 7

€349,000

↓ 0.3% from €350,000
€349,000 2026-10-29
€350,000 2026-03-29
AI Analyst
Long-term Rental

"Spacious 4-bedroom apartment in central Alicante with panoramic castle views, abundant natural light, and strong renovation potential. Prime location near transport and amenities positions this asset for value appreciation and robust rental demand."

Negotiation Leverage Balanced
Value Add Comprehensive modernization (kitchen, bathrooms, open-plan layout) to maximize rental yield and capital appreciation.
Pros
  • •Prime central location with high demand and proximity to transport, shopping, and dining.
  • •Large, flexible floorplan (119 m², 4 rooms) suitable for families or sharers.
  • •Excellent natural light, cross-ventilation, and panoramic views enhance tenant appeal.
Cons
  • •Requires significant renovation to achieve market-leading rents.
  • •Monthly rent yield (~4.2% gross) is moderate for the price point.
  • •Potential for higher transaction costs due to taxes and agency fees in the region.
Description

THE BUYER DOES NOT PAY AGENCY FEES (INCLUDED IN THE PRICE, PAID BY THE OWNER). Living in the Mercado neighborhood of Alicante means enjoying a vibrant life around its historic Mercado Central and its multiple transport connections. This apartment of 102 m² built, located on the seventh floor of a building with an elevator, offers you a spacious and bright space, thanks to its south orientation, which ensures cross ventilation. The property has four bedrooms and two bathrooms, ideal for accommodating the whole family. Although it is completely to be renovated, it is a magnificent opportunity to personalize every corner to your liking. Additionally, it has air conditioning to ensure your comfort during the warm Alicante summers. Enjoy a community terrace from where you can admire the views of all of Alicante, including the Castle, the Plaza de los Luceros, the Port, and the mountains. Its location is perfect, close to the RENFE station and the shopping areas of Avenida de Maisonnave. Don't hesitate to visit this apartment and discover the potential it offers. Contact Alipark. es for more information and to schedule a visit. Agency fees: included in the price and paid by the seller. The buying party does not pay a commission to Alipark. es. Transaction costs: Taxes (ITP/IVA), notary, registration, management, and other related costs are not included in the price and are borne by the buyer. Likewise, the recurring costs associated with the property are: community fees (€180/quarter), IBI (€400/year). Representation of third parties: If the buyer hires their own advisor or representative, they will exclusively bear the cost. This agreement will be external to Alipark. es and will not modify the price or sale conditions, nor will it generate responsibilities or costs for the agency or the owner. This advertisement is for informational purposes only, does not constitute a binding contractual offer, and may be subject to errors, price changes, modifications, or withdrawal of the property from the market without prior notice.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €349,000
Taxes (ITP 10%) + €34,900
Notary Fees + €2,932
Registry Fees + €1,117
Gestoría Fees + €1,047
Valuation + Other + €339

Total Investment €389,334
Est. Monthly Rent €1,282/mo
Est. Annual Rent €15,388/yr

Est. Yield 3.95%
Days on Market
214
First seen
2026-03-29
View on Idealista