Delisted ID: 107238501 Mercado

Flat / apartment for sale in Avenida Benito Perez Galdos

4 Bed • 2 Bath • 158 m² • Floor 6

€325,000

AI Analyst
Long-term Rental

"Spacious 158m² top-floor apartment in central Alicante offers strong value-add potential due to its prime location, brightness, and unobstructed views, making it ideal for a full renovation project targeting long-term tenants or families."

Negotiation Leverage Balanced
Value Add Full interior renovation (kitchen, bathrooms, flooring, fixtures) to modern standards
Pros
  • Prime city-center location near transport, amenities, and beach
  • Large, bright top-floor unit with unobstructed views
  • Stately building with elevator and good structural condition
Cons
  • Requires significant renovation investment
  • No terrace or private outdoor space
  • Rental yield (~5.7% gross) may be moderate post-renovation
Description

BRIGHT APARTMENT FOR PROJECT ON MAIN AVENUE Top floor apartment distributed in 4 bedrooms, large living room with balcony, two full bathrooms, one with shower and one with bathtub, and a separate kitchen with gallery. It needs reforming, being a fabulous project thanks to its brightness, height and unobstructed views of a main avenue. One minute from Plaza Luceros! Great opportunity in the heart of Alicante, although it is a quiet area at night. Located a few minutes from the Paseo de la Rambla, the Explanada, and its marina, and less than ten minutes from Postiguet beach, with all services and historical monuments of interest. Perfect for families or as an investment. It has excellent connections with the whole city, more than ten bus lines and all TRAM lines. The apartment is located in a stately building in perfect condition with a lift. Consolidated area with all services, schools, supermarkets, banks, green areas and well connected to the airport and AVE station.

Features
Elevator
Exterior
Investment Summary
Purchase Price €325,000
Taxes (ITP 10%) + €32,500
Notary Fees + €2,730
Registry Fees + €1,040
Gestoría Fees + €975
Valuation + Other + €339

Total Investment €362,584
Est. Monthly Rent €1,539/mo
Est. Annual Rent €18,464/yr

Est. Yield 5.09%
Days on Market
210
First seen
2025-08-04
View on Idealista