Active ID: 107005853 Mercado

Flat / apartment for sale in Calle Pintor Velazquez

2 Bed • 1 Bath • 85 m² • Floor 1

€235,000

AI Analyst
Long-term Rental

"Well-located 2-bedroom apartment in Alicante’s Mercado area, built in 2000, offers modern amenities, private patio, and proximity to Central Market—positioned for stable rental demand and long-term value retention."

Negotiation Leverage Balanced
Value Add Update kitchen and bathroom finishes for higher rental yield
Pros
  • Prime location near Central Market and major avenues
  • Modern building with elevator and terrace
  • Natural light and private patio enhance tenant appeal
Cons
  • Sold unfurnished, requiring initial furnishing investment
  • Split-unit air conditioning may not appeal to all tenants
  • Single bathroom limits suitability for larger households
Description

2-bedroom apartment on Velázquez street, next to Alicante's Central Market square. Two double bedrooms, both with built-in wardrobes. There is a third built-in wardrobe in the entrance hall. Separate living-dining room and kitchen with access to a private patio. The living-dining room and one of the bedrooms face Velázquez street. The second bedroom faces the apartment's patio, making it very quiet and peaceful. It has a full bathroom with a bathtub and a window overlooking the patio, providing natural light and ventilation. It has air conditioning via split units in the living-dining room and one of the bedrooms. Sold unfurnished. Building constructed in 2000. Excellent location next to Alicante's Central Market, a short distance from Avenida Alfonso El Sabio.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €235,000
Taxes (ITP 10%) + €23,500
Notary Fees + €1,974
Registry Fees + €752
Gestoría Fees + €705
Valuation + Other + €339

Total Investment €262,270
Est. Monthly Rent €1,148/mo
Est. Annual Rent €13,777/yr

Est. Yield 5.25%
Days on Market
211
First seen
2025-08-04
View on Idealista