Active ID: 104972192 Mercado

Flat / apartment for sale in Plaza de los Luceros

2 Bed • 1 Bath • 192 m² • Floor 9

€529,000

AI Analyst
Long-term Rental

"Spacious under-construction apartment in Alicante’s central Mercado area offers strong location fundamentals and customization potential, but high price per square meter and limited bedroom count constrain yield and flexibility."

Negotiation Leverage Balanced
Value Add Complete interior fit-out to modern standards; optimize layout for additional bedroom if feasible
Pros
  • Prime central location near Plaza de los Luceros with excellent transport and amenities
  • Customization opportunity due to under-construction status
  • Large size (192 m²) with terrace and elevator
Cons
  • High price per square meter relative to local rental yields
  • Only two bedrooms limits rental flexibility and target market
  • Uncertainty and potential cost overruns due to unfinished construction
Description

Apartment belonging to a multi-family housing block of approximately 82 m2 located in the municipality and province of Alicante. The property is under construction, ideal for new adaptations according to new needs. It is located close to the town center, where it is well connected, surrounded by similar homes and green areas, with access to all services, such as school facilities, sports facilities, various types of shops, a health center, leisure options, commercial establishments, among others. It is well connected with several bus and taxi lines in its vicinity; its connection with the rest of the municipality is good. IF YOU WANT MORE INFORMATION, DO NOT HESITATE TO CONTACT US.

Features
Elevator
Terrace/Balcony
Air Conditioning
Parking
Exterior
Investment Summary
Purchase Price €529,000
Taxes (ITP 10%) + €52,900
Notary Fees + €4,444
Registry Fees + €1,693
Gestoría Fees + €1,587
Valuation + Other + €339

Total Investment €589,962
Est. Monthly Rent €1,604/mo
Est. Annual Rent €19,244/yr

Est. Yield 3.26%
Days on Market
257
First seen
2025-08-04
View on Idealista