Great Investment Opportunity. 3 Bedrooms and 1 Bathroom with Parking in Altozano

Apartment CURRENTLY RENTED with a lease signed from April 7, 2024. Rent: €400/month

Azulcasa exclusively presents this fantastic opportunity for sale located on Pasaje Penalva, in the established and sought-after Altozano area, a strategic location due to its proximity to the city center and excellent transport links.

The apartment comprises 3 double bedrooms, 1 full bathroom with shower, a living-dining room, and a separate kitchen with access to a utility room. It also features a wonderful outdoor terrace, directly accessible from two of the main bedrooms, perfect for enjoying the fresh air or as an added value for rental properties.

This is a superb option for investors, both for its attractive price and its location, perfectly connected by bus stops less than a 2-minute walk away, with direct access to Alicante city center, San Vicente del Raspeig, and the University of Alicante.

The area boasts a wide range of shops and services within easy reach, including schools, gyms, supermarkets, all kinds of stores, grocery stores, cafes, and restaurants, guaranteeing convenience and high residential demand.

It includes an unnumbered outdoor parking space on the same street, a highly sought-after feature in the area.

This property has great potential, ideal for rental or for those seeking a secure investment in a well-established area with all amenities.

The price indicated does not include expenses and taxes inherent to the purchase, which are detailed below:

• Property Transfer Tax (ITP): The current tax rate in the Valencian Community is generally 10%, without prejudice to reduced rates applicable depending on the buyer or the property's characteristics. It is levied on the higher of the Cadastral Reference Value or the sale price.

• Notary Fees: Notary fees calculated according to the official tariff regulated in Annex I of Royal Decree 1426/1989, which approves the Notarial Tariff (Approx. €900).

• Land Registry Fees: Registration in the Land Registry will be billed according to the official tariff established in Annex I of Royal Decree 1427/1989, which approves said tariff (Approx. €400).

• Management Fees (Agency): Fees for administrative processing, tax settlement, and registration (Approx. €450).

• Agency Fees: These will be borne by the seller and are included in the List Price.

For comprehensive information on the operation, tax rates, and reductions of the Property Transfer Tax (ITP) in the Valencian Community, please consult the following link: https://atv.gva.es/es/itpajd.

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This advertisement may contain errors. The information is shown for informational and commercial purposes, without contractual obligation.

In accordance with Decree 98/2022 of the Valencian Community Council, Azulcasa is registered in the Register of Real Estate Brokerage Agents with number RAICV0306.

Azulcasa Real Estate. Real estate experts since 2003. Your home in expert hands.