Active ID: 107165205 Mercado

Flat / apartment for sale in Mercado

3 Bed • 2 Bath • 89 m² • Floor 0

€355,000

AI Analyst
Long-term Rental

"Recently renovated 3-bedroom apartment in Alicante’s prime Mercado district, offering panoramic city views, modern amenities, and immediate rental income from a quality tenant. Strong location fundamentals and turnkey condition enhance its investment appeal."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Prime central location with excellent transport and amenities
  • Fully renovated, minimizing immediate capex needs
  • Currently tenanted, providing instant rental income
Cons
  • Gross rental yield (~4%) is moderate for the market
  • No terrace or outdoor space, limiting appeal to some tenants
  • Building age (1990) may entail future maintenance costs
Description

SUNHOME ALICANTE presents a spectacular apartment on Avenida Alfonso El Sabio, in the heart of Alicante. This place is ideal if you are looking for a privileged location, as it is surrounded by iconic views such as the Avenida, Plaza de los Luceros and the Central Market. You have everything you need at your fingertips! From supermarkets and public transport to restaurants and leisure areas. This sixth floor (penultimate) is all exterior, which means you will enjoy plenty of natural light throughout the day. In addition, it has Airzone ducted air conditioning throughout the house, ensuring that each room has the perfect temperature throughout the year. The apartment, located in a unique building from 1990, has been recently renovated and is ready to move into. Here are some of its main features: - 3 bedrooms and 2 full bathrooms (one en suite). - A gallery that adds a special touch. - Panoramic views of the city center. - Spacious and bright spaces. - Renovated with quality materials. - Airzone air conditioning in all rooms. Currently, the apartment is rented to a fantastic tenant, which means that the future owner can choose to continue with the rent or move in. If you are looking for an elegant home, in an unbeatable location and ready to enjoy, this apartment is perfect for you! Don't miss the opportunity to live in the epicenter of Alicante with all the comforts. If you have any questions or want more information, I will be happy to help!

Features
Elevator
Air Conditioning
Exterior
Investment Summary
Purchase Price €355,000
Taxes (ITP 10%) + €35,500
Notary Fees + €2,982
Registry Fees + €1,136
Gestoría Fees + €1,065
Valuation + Other + €339

Total Investment €396,022
Est. Monthly Rent €1,185/mo
Est. Annual Rent €14,221/yr

Est. Yield 3.59%
Days on Market
275
First seen
2025-08-04
View on Idealista