Active ID: 112075443 Mercado

Flat / apartment for sale in Avenida Alcoi, 3

5 Bed • 2 Bath • 176 m² • Floor 5

€350,000

AI Analyst
Coliving

"Large, light-filled 5-bedroom apartment in central Alicante with panoramic views and strong transit links offers rare scale and location, ideal for families or multi-tenant rental strategies. Optional parking enhances urban appeal."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms to increase rental yield
Pros
  • Prime central location with excellent transport connectivity
  • Spacious layout suitable for coliving or large families
  • Abundant natural light and attractive city views
Cons
  • Dated interiors likely require modernization
  • High price per square meter for the area
  • Parking not included in price, adding to acquisition cost
Description

Spacious 5-bedroom home with views of Plaza de España, Plaza de Toros, and Santa Bárbara Castle We present this magnificent home located in one of Alicante's most emblematic and well-connected areas. Situated opposite Plaza de España and the bullring, it also enjoys pleasant views of Santa Bárbara Castle. Its excellent location provides all services within a few steps: Central Market, supermarkets, pharmacies, schools, shops, and a wide range of restaurants. Additionally, it boasts excellent connections via several bus lines, the TRAM stop just a five-minute walk away, and the AVE train station a mere ten minutes away. The home stands out for its spaciousness and brightness. It features five bedrooms, three of which are exterior, as is the spacious living-dining room, all facing Plaza de España, which allows for abundant natural light and unobstructed views. The kitchen is independent, functional, and includes a practical utility room. The property has two full bathrooms, one of which is en-suite in the master bedroom, offering extra comfort and privacy. The building has an elevator, and optionally, there is the possibility to purchase a parking space in the same building for €30,000, a highly valued convenience in this area of the city. An ideal home for families seeking space in the heart of Alicante, as well as for those looking to make an excellent investment thanks to its privileged location. Don't miss this opportunity. Contact us for more information or to arrange a viewing. We will be delighted to assist you.

Features
Elevator
Terrace/Balcony
Air Conditioning
Parking
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 €1,898/mo
Est. Annual Rent €22,770/yr

Est. Yield 5.83%
Days on Market
0
First seen
2026-07-25
View on Idealista