Active
ID: 103342370
Mercado
Flat / apartment for sale in Calle del Capitán Segarra
3 Bed • 2 Bath • 108 m² • Floor 3
AI Analyst
Long-term Rental"Well-located 3-bedroom flat in Alicante’s Mercado area with terrace, elevator, and air conditioning offers solid rental appeal and functional amenities, though yield is moderate at current pricing."
Negotiation
Leverage
Balanced
Value Add
Modernize kitchen and bathrooms to boost rental yield
Pros
- •Prime Mercado location with strong tenant demand
- •Functional layout with 3 bedrooms and 2 bathrooms
- •Desirable features: terrace, elevator, air conditioning
Cons
- •Gross yield below 5% at asking price
- •Potential need for interior modernization
- •Limited upside without significant value-add investment
Description
Flat for sale in Alicante/Alacant, with 108 m², 3 rooms and 2 bathrooms, Lift and Air conditioning.
Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price
€334,000
+ Fees & Taxes
+ €38,615
Taxes (ITP 10%)
+ €33,400
Notary Fees
+ €2,806
Registry Fees
+ €1,069
Gestoría Fees
+ €1,002
Valuation + Other
+ €339
Total Investment
€372,615
Est. Monthly Rent
€1,277/mo
Est. Annual Rent
€15,323/yr
Est. Yield
4.1%
High
(96 Comps)
Days on Market
216
First seen
2025-11-06