Active ID: 96272762 Mercado

Flat / apartment for sale in Calle Calderón de la Barca

4 Bed • 2 Bath • 200 m² • Floor 5

€520,000

AI Analyst
Long-term Rental

"Prime 200m² apartment opposite Alicante’s Central Market, offering dual-unit flexibility, panoramic views, and two garage spaces—ideal for value-add investors seeking central, high-demand assets with minimal refurbishment needs."

Negotiation Leverage Balanced
Value Add Light modernization and potential split into two units to maximize rental yield.
Pros
  • Exceptional central location with market views and strong tenant demand.
  • Flexible layout allows conversion into two separate apartments for higher returns.
  • Includes two garage spaces with direct lift access, a rare amenity in city center.
Cons
  • Garage spaces not included in sale price, adding to acquisition cost.
  • Rental yield is moderate relative to purchase price, limiting short-term returns.
  • Some modernization required; potential disruption during conversion if splitting units.
Description

Large family apartment for sale, really two apartments in one, occupying the entire 5th floor of the stairway, and situated directly opposite the Central Market of Alicante. This elegant, spacious and bright apartment enjoys beautiful views of the Market Square with it's flower sellers. Built originally to plan as one apartment, it is perfectly distributed with the lounge, dining and kitchen areas at the front overlooking the Market Square, and the four bedrooms and two bathrooms at the quieter back area with east-facing windows, enjoying the morning sun. Very little refurbishment would be required to make this a spectacular property, perhaps just a little modernizing, and there's the option of easily converting it into two separate apartments. Two garage spaces come with the property, although would be charged separately, and are directly accessed via the lift to the basement. This is an excellent not-to-be-missed investment opportunity in a very good area of the city of Alicante.

Features
Elevator
Air Conditioning
Parking
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €520,000
Taxes (ITP 10%) + €52,000
Notary Fees + €4,368
Registry Fees + €1,664
Gestoría Fees + €1,560
Valuation + Other + €339

Total Investment €579,931
Est. Monthly Rent €1,636/mo
Est. Annual Rent €19,629/yr

Est. Yield 3.38%
Days on Market
310
First seen
2025-08-04
View on Idealista