Active ID: 103555089 Mercado

Flat / apartment for sale in Mercado

4 Bed • 1 Bath • 130 m²

€275,000

AI Analyst
Holiday Rental

"Well-located 4-bedroom apartment in Alicante’s Mercado district, featuring historic details, large terrace, and flexible layout. Offers strong value-add potential through renovation and possible tourist rental licensing, with proximity to amenities and high rental demand."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms, open-plan redesign, upgrade finishes for tourist rental compliance
Pros
  • Prime city center location near Central Market and amenities
  • Flexible layout with potential for open-plan or commercial use
  • Tourist rental license possible, boosting yield potential
Cons
  • Requires significant renovation to maximize value
  • Historic features may increase renovation costs
  • Tourist rental licensing subject to regulatory risk
Description

Spacious property located next to the Central Market, Alicante City Center, with many possibilities. It currently has 110m2, divided into 4 spacious bedrooms, 2 living rooms, and a large terrace. Possibility to make the entire space open-plan as it is divided by partition walls. It features stone walls and beautiful hydraulic tile floors, as well as original solid wood carpentry. Possibility of a license for tourist rental. A private entrance can be made from the street, or it could even be converted into a commercial space. Surrounded by all kinds of services and amenities (shops, Central Market, shopping centers, clothing stores, restaurants, schools, etc. ). ALISPAIN - Do you need financing or a mortgage? We have an exclusive department to help you throughout the process; we work with the main bank branches. LEGAL NOTICE. - The wording contained in this description and observations is merely informative and has no binding legal character. This advertisement is informative and without contractual value; it may contain errors. Real estate agency fees, expenses, and taxes are not included; please consult with our advisors. Request more information and visit the property. REF. 00720.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €275,000
Taxes (ITP 10%) + €27,500
Notary Fees + €2,310
Registry Fees + €880
Gestoría Fees + €825
Valuation + Other + €339

Total Investment €306,854
Est. Monthly Rent €1,385/mo
Est. Annual Rent €16,614/yr

Est. Yield 5.41%
Days on Market
388
First seen
2025-08-04
View on Idealista