Active ID: 112075443 Mercado

Flat / apartment for sale in Avenida Alcoi, 3

5 Bed • 2 Bath • 176 m² • Floor 5

€365,000

↑ 4.3% from €350,000
€365,000 2026-07-28
€350,000 2026-07-25
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, the Bullring, and Santa Bárbara Castle We present this magnificent home located in one of the most iconic and best-connected areas of Alicante. Situated opposite Plaza de España and the Bullring, it also enjoys pleasant views of Santa Bárbara Castle. Its excellent location provides access to all services just a few steps away: the Central Market, supermarkets, pharmacies, schools, shops, and a wide range of restaurants. Furthermore, it has excellent connections via several bus lines, the TRAM stop just a five-minute walk away, and the AVE high-speed train station just ten minutes away. The property stands out for its spaciousness and brightness. It has five bedrooms, three of which are exterior, as is the spacious living-dining room, all facing Plaza de España, which provides a great influx of natural light and unobstructed views. The kitchen is independent, functional, and features a practical utility room. The property has two full bathrooms, one of which is integrated into the master bedroom as an en-suite, providing extra comfort and privacy. The building has an elevator, and optionally, there is the possibility of purchasing a parking space in the same building for €30,000, a highly valued convenience in this area of the city. An ideal home both for families looking for space in the heart of Alicante and for those wishing to make an excellent investment thanks to its privileged location. Do not miss this opportunity. Contact us for more information or to arrange a visit. We will be happy to assist you.

Features
Elevator
Terrace/Balcony
Air Conditioning
Parking
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €365,000
Taxes (ITP 10%) + €36,500
Notary Fees + €3,066
Registry Fees + €1,168
Gestoría Fees + €1,095
Valuation + Other + €339

Total Investment €407,168
Est. Monthly Rent €1,898/mo
Est. Annual Rent €22,776/yr

Est. Yield 5.59%
Days on Market
45
First seen
2026-07-25
View on Idealista