Active ID: 112310915 Mercado

Flat / apartment for sale in Avenida Alfonso El Sabio, 27

3 Bed • 2 Bath • 121 m² • Floor 7

€510,000

AI Analyst
Long-term Rental

"Prime city-center apartment in Alicante with panoramic views, private parking, and concierge service. Seventh-floor position ensures abundant light and urban vistas, while proximity to transport, shopping, and the beach enhances both lifestyle and rental appeal."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms to increase rental yield and market value.
Pros
  • Exceptional central location near transport, shopping, and beach
  • Private parking and concierge in a prestigious building
  • High floor with open views and abundant natural light
Cons
  • Rental yield is modest relative to purchase price
  • Only one full bathroom may limit appeal for larger households
  • Potential need for interior modernization to maximize returns
Description

Located on a main avenue in the very heart of Alicante, this bright seventh-floor apartment offers urban living at its finest. Just steps from the iconic Plaza de los Luceros, Mercado Central, and Postiguet Beach, the property sits in a prime location surrounded by shopping, restaurants, and excellent public transport links including the TRAM station. Housed in an elegant building featuring a grand entrance hall, concierge service, three elevators, and a private parking space in the underground garage, this 121 m² home enjoys open views across the avenue and city. Livingroom The spacious north-facing living area benefits from abundant natural light provided by its high position on the seventh floor. It connects directly to an enclosed balcony offering scenic views over the vibrant main avenue and the city skyline. Kitchen A functional and well-proportioned separate kitchen designed for everyday convenience, offering good work surfaces and practical storage space. Bedrooms The property features three bright and comfortable bedrooms, providing adaptable layouts for family living, guests, or a home office in the city center. Bathrooms Includes one full main bathroom along with an additional guest toilet, ensuring daily practical comfort for both residents and visitors.

Features
Elevator
Terrace/Balcony
Air Conditioning
Parking
Exterior
Investment Summary
Purchase Price €510,000
Taxes (ITP 10%) + €51,000
Notary Fees + €4,284
Registry Fees + €1,632
Gestoría Fees + €1,530
Valuation + Other + €339

Total Investment €568,785
Est. Monthly Rent €1,312/mo
Est. Annual Rent €15,744/yr

Est. Yield 2.77%
Days on Market
4
First seen
2026-08-23
View on Idealista