Active ID: 108249220 Mercado

Flat / apartment for sale in Mercado

3 Bed • 1 Bath • 98 m² • Floor 2

€320,000

AI Analyst
Long-term Rental

"Well-located 3-bedroom apartment in central Alicante offers strong natural light, spacious living areas, and proximity to amenities, but lacks an elevator and modern finishes, impacting both rental appeal and long-term appreciation."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathroom; minor cosmetic upgrades
Pros
  • Prime central location near Alfonso el Sabio and Mercado
  • Spacious layout with large windows and natural light
  • Small, quiet building with only 4 neighbors
Cons
  • Second floor with no elevator despite listing feature
  • Only one bathroom for a 3-bedroom unit
  • Likely requires modernization to maximize rental yield
Description

Apartment for Sale and/or Rent next to Alfonso el Sabio. We are in a charming property in the center of Alicante. It has a surface area of 98 m² and is located on the second floor (no elevator) but with very comfortable stairs. It is a very quiet building with only 4 neighbors and only 1 neighbor per floor. It is distributed in a spacious living-dining room with large windows and plenty of natural light, 3 bedrooms, 1 bathroom, and a kitchen with a gallery. For rent, demonstrate solvency.

Features
Elevator
Terrace/Balcony
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €320,000
Taxes (ITP 10%) + €32,000
Notary Fees + €2,688
Registry Fees + €1,024
Gestoría Fees + €960
Valuation + Other + €339

Total Investment €357,011
Est. Monthly Rent €1,223/mo
Est. Annual Rent €14,672/yr

Est. Yield 4.11%
Days on Market
0
First seen
2026-07-10
View on Idealista