Active ID: 108249220 Mercado

Flat / apartment for sale in Mercado

3 Bed • 1 Bath • 98 m² • Floor 2

€310,000

↓ 3.1% from €320,000
€310,000 2026-09-07
€320,000 2026-07-10
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

Next to Alfonso el Sabio. We find ourselves in a charming property in the center of Alicante. It has an area of 98 m² and is located on the second floor (without an 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 into a spacious living-dining room with large windows and plenty of natural light, 3 bedrooms, 1 bathroom, and a kitchen with a gallery.

Features
Elevator
Terrace/Balcony
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €310,000
Taxes (ITP 10%) + €31,000
Notary Fees + €2,604
Registry Fees + €992
Gestoría Fees + €930
Valuation + Other + €339

Total Investment €345,865
Est. Monthly Rent €1,222/mo
Est. Annual Rent €14,668/yr

Est. Yield 4.24%
Days on Market
59
First seen
2026-07-10
View on Idealista