Active ID: 105510569 Mercado

Flat / apartment for sale in Mercado

1 Bed • 1 Bath • 170 m² • Floor 9

€529,000

AI Analyst
Avoid

"Unfinished 170 m² apartment in central Alicante offers significant customization potential, with strong transport links and proximity to amenities, but requires substantial investment to complete construction and realize value."

Negotiation Leverage High
Value Add Complete construction and fit-out to modern standards
Pros
  • Prime location near city center and amenities
  • Large floor area with flexible adaptation potential
  • Good public transport connectivity
Cons
  • Unfinished property with halted construction increases risk
  • High capital expenditure required to complete
  • Single-room layout limits rental yield diversification
Description

Apartment corresponding to a block of multi-family homes of approximately 192 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 near the center of the municipality where it has good communication, surrounded by similar homes and green areas, within reach of all services, such as school equipment, sports facilities, shops of different kinds, health center, recreational facilities, commercial establishment, 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. Unfinished property. Construction halted.

Features
Elevator
Terrace/Balcony
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 €1,633/mo
Est. Annual Rent €19,595/yr

Est. Yield 3.32%
Days on Market
174
First seen
2025-12-18
View on Idealista