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 capital to complete construction and adapt to market demand."

Negotiation Leverage High
Value Add Complete construction and fit-out to modern standards; optimize layout for multiple units or coliving.
Pros
  • Prime central location near amenities and transport
  • Large floor area with flexible adaptation potential
  • Exterior, terrace, and elevator increase end-user appeal
Cons
  • Unfinished construction with halted works increases risk and capital outlay
  • Single-room configuration limits immediate rental yield
  • Uncertain permitting and construction costs may impact returns
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
120
First seen
2025-12-18
View on Idealista