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Ref. ICASH1985 · Flat

Excellent opportunity at Princess Mercedes! Outside floor with great reform potential

Alicante, ALICANTE

built
66 m²
bedrooms
2
bathroom
1
floor
2nd
Usable area
50 m²
Price per m²
€2,348
Year built
1961 · 65 years
Condition
Needs renovation
Aspect
None
Energy certificateRating G

Consumption not declared

Description

If you are looking for a custom-designed property or a cost-effective investment in Alicante, this home located in the consolidated neighborhood of Princesa Mercedes is an opportunity you cannot let go.

The house is sold as seen in the photographs, ready to implement a comprehensive reform project and make it the ideal home.

Distribution of the property
Spaces: Salon- independent dining room with exit to the outside balcony.

Bedrooms: Two bedrooms (main exterior and second bedroom facing patio lights).

Services: Independent kitchen and a full bathroom.

Status: Property to reform, perfect to update finishes and redistribute according to your needs.

Sales price: €155,000

Location and services at one step
Located in one of the most dynamic and demanding neighborhoods of the city, you will have everything you need when you leave the house:

Trade and supplies: Supermarkets, neighborhood shops, pharmacies, bakeries and nearby shops.

Basic services: Education centres, health centres and all essential services within a few minutes' walk.

Leisure and gastronomy: A variety of bars, cafés and local restaurants.

Connectivity: Excellent communication via urban bus lines, very close to the train station / AVE and with quick exit to the main avenues of Alicante.

A suitable option for both families and investors looking for a well-located and revalued property.

⚖️ Legal Notice, breakdown of expenses and taxes

  • Information on the information presented: The data, metrics and photographs contained in this publication are merely informative and non-binding, lacking contractual value. The information is subject to possible errors, omissions, price changes or removal from the market without notice.
  • Sales costs to the buyer (not included in the price):

The tax on the transfer of property (ITP) in the Valencia Community (general rate of 9% (€13,950), or reduced rates applicable according to the personal conditions of the buyer).

Note, Property and Management Registry: Aprox. €700 - €1,000.

🛡️ PROFESSIONAL GUARANTEE: We are Real Estate Agents (API) and belong to the Association of Real Estate Agents of the Valencian Community. We have all the legal and professional guarantees to accompany you in the purchase or sale of your home with complete tranquility and security.

📌 Legal notice: The information described in this notice is merely information, not binding or contractual, and may contain errors or variations.

📲 Don't let this opportunity go! Contact for more information or to arrange a visit.

Features

Interior

  • Flooring: None
  • Ceiling: None
  • Interior doors: Wood
  • Electrical installation: None
  • Heating type: None

Exterior

  • Facade: No garage
  • Windows: Aluminium

Surroundings

  • Street type: Street

Calculate your mortgage

Taxes in C. Valenciana

Resale or new build
31% of the price
Interest rate
Fixed or variable?

Fixed: the monthly payment stays the same for the whole life of the loan.

Variable: it changes with the Euribor. The rate shown is an average market reference.

Monthly payment€458
Mortgage amount
€124,000
Loan-to-value
80%
Total purchase cost
€172,800
Total interest
€40,998
Total cost with mortgage
€213,798
See breakdown
Price
€155,000
ITP (10%)
€15,500
Notary
€1,000
Land Registry
€500
Administrative agency
€300
Valuation feeSometimes paid by the bank
€500

Indicative calculation for a main residence. It is not a financing offer; taxes and costs may vary depending on your circumstances.

Location

Alicante, ALICANTE

Map of the area: Alicante, ALICANTE

Approximate location

Interested in this property?

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