Active ID: 111026693 Mercado

Flat / apartment for sale in Avenida General Marvá

4 Bed • 2 Bath • 119 m² • Floor 6

€350,000

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

Imagine waking up every morning with the silhouette of Santa Barbara Castle framed against the blue Alicante sky. This home represents the essence of urban living with absolute transformation potential thanks to its spacious rooms that invite being redesigned under your personal touch. Light floods every corner of the property, creating a warm and welcoming atmosphere that extends visually over the city, also featuring a communal rooftop that allows you to experience the vibrant energy of the "mascletás" and local events firsthand. Functionality meets comfort in a building that features an elevator and a solid structure that facilitates any comprehensive renovation project. The orientation and height of this apartment guarantee natural cross-ventilation and brightness that remains constant throughout the day, minimizing the need for artificial light and maximizing the sense of well-being. Every square meter has been conceived to offer amplitude, allowing for modern open-concept layouts or the preservation of independent rooms according to your living or teleworking needs. Living in the Diputación area means having Alicante at your feet with all necessary services just a step away from your doorstep. Proximity to the RENFE train station, the main shopping areas of Avenida de Maisonnave, and the downtown gastronomic offer ensure an incomparable quality of life. Furthermore, the high demand in this specific area makes this property a secure real estate investment, with constant appreciation potential due to the scarcity of assets with these views and characteristics in the current market. At Alipark.es, we are ready to accompany you in the process of turning this property into your next home or your most profitable investment. Our team of experts will provide all the necessary advice to ensure that the management is agile, transparent, and professional. Do not miss the opportunity to visit this property and personally discover everything it can offer you; contact us today to arrange an appointment and start planning your future in the center of Alicante. Fee Transparency: Price excludes agency fees. Tax and Expense Transparency: Expenses and taxes (not included in the price): for second-hand housing, Property Transfer Tax (ITP) (general rate of 10% in the Valencian Community) on the higher of the price or the cadastral reference value. For new builds (first transfer), VAT + AJD (according to current regulations). Fees: notary (approx. €1,000–€1,500) and registry (approx. €300–€800). Administrative agency (optional): approx. €300–€400. Financing (if applicable): appraisal and other banking/administrative costs. The offer/advertising is informative; amounts are indicative and may vary, and will be detailed during the purchase process. Legal Notice: Non-contractual information, subject to errors. Price excludes taxes and purchase costs. Furniture not included. Approx. areas.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
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 €1,221/mo
Est. Annual Rent €14,649/yr

Est. Yield 3.75%
Days on Market
1
First seen
2026-03-29
View on Idealista