Active ID: 109353639 Mercado

Flat / apartment for sale in Calle Belando, 15

6 Bed • 3 Bath • 250 m² • Floor 5

€725,000

AI Analyst
Coliving

"Spacious 250 m², 6-bedroom apartment in Alicante’s Mercado area offers classic charm, abundant natural light, and a prime central location—ideal for large families or flexible multi-tenant layouts."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms; update furnishings for broader appeal
Pros
  • Large 250 m² layout with 6 double bedrooms—rare in central locations
  • Excellent natural light and corner orientation; all rooms exterior
  • Prime city center location with elevator and proximity to amenities
Cons
  • Classic decor and antique furnishings may limit appeal to modern tenants
  • Estimated rent (€2,175/month) yields a low gross return (~3.6%) at asking price
  • Potentially high renovation costs to modernize and maximize rental income
Description

Apartment for sale in Belando 15 – 5ºB (Central Area) Price: €725,000 (with elevator: €750,000) Area: 60 m² living room + spacious rooms Bedrooms: 6 double bedrooms Bathrooms: 3 full bathrooms + 1 toilet Detailed description Spectacular and bright apartment for sale located on the fifth floor of a building in Belando 15, in one of the most sought-after areas due to its proximity to the center and all services. The house stands out for its great spaciousness and distribution, perfect for large families or those looking for extra space for an office, library or guest area. 6 large double bedrooms. 3 full bathrooms and 1 toilet distributed comfortably. 60 m² living room, all exterior, with several different environments: living area, dining room and reading corner. Independent kitchen with auxiliary access. Balconies and windows that provide a lot of natural light. The apartment retains classic furniture and antique pieces, which give the property a unique and stately character. Well-preserved terrazzo floors, period lamps, curtains, tapestries and an elegant grand piano make this home an authentic jewel with its own identity. The community has an elevator, and access to the house is comfortable and practical. Extras and strengths Large main representation hall. Corner house, all exterior and very bright, city center! Ideal for lovers of classic decoration and stately style. Possibility of keeping part of the antique furniture. Central location with all services within walking distance: public transport, shops, schools and leisure areas.

Features
Elevator
Terrace/Balcony
Exterior
Investment Summary
Purchase Price €725,000
Taxes (ITP 10%) + €72,500
Notary Fees + €6,090
Registry Fees + €2,320
Gestoría Fees + €2,175
Valuation + Other + €339

Total Investment €808,424
Est. Monthly Rent €2,175/mo
Est. Annual Rent €26,100/yr

Est. Yield 3.23%
Low (Estimated)
Days on Market
207
First seen
2025-09-22
View on Idealista