Active ID: 109673701 Mercado

Flat / apartment for sale in Calle Belando, 24

3 Bed • 2 Bath • 135 m² • Floor 2

€392,000

↓ 7.8% from €425,000
€392,000 2026-05-19
€395,000 2026-05-04
€425,000 2025-10-26
AI Analyst
Long-term Rental

"Spacious 3-bedroom, 2-bath apartment in central Alicante with high-end finishes, balcony, and accessibility features offers solid fundamentals but faces yield compression at current pricing."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms for premium rental positioning
Pros
  • Prime central location near Mercado, strong tenant demand
  • Large 135 m² layout with balcony and south-facing orientation
  • Accessibility features and elevator broaden tenant pool
Cons
  • Gross yield below 4% at asking price, limiting cash flow
  • Electric heating may deter some tenants due to efficiency concerns
  • Potential for further capex in kitchen/bath to achieve top rents
Description

Housing in the center of Alicante, Calle Belando. 3 bedrooms and 2 bathrooms Improved qualities, in floors and carpentry. Basic features 135 m² built 3 rooms 2 bathrooms Balcony Second hand/good condition Built-in wardrobes South orientation Individual heating: Electric Access and housing adapted for people with reduced mobility. ***********************************************************************. Property in the centre of Alicante, Calle Belando. 3 bedrooms and 2 bathrooms Improved quality flooring and carpentry. Basic features 135 m² built 3 bedrooms 2 bathrooms Balcony Second hand/good condition Fitted wardrobes South facing Individual heating: Electric Access and property adapted for people with reduced mobility. *********************************************************************** Accommodation in the center of Alicante, rue Belando. 3 bedrooms and 2 bathrooms High-end finishes, floors and carpentry. Basic characteristics 135 m² built 3 bedrooms 2 bathrooms Balcony Second hand/good condition Built-in wardrobes South exposure Individual heating: electric Access and accommodation adapted for people with reduced mobility.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €392,000
Taxes (ITP 10%) + €39,200
Notary Fees + €3,293
Registry Fees + €1,254
Gestoría Fees + €1,176
Valuation + Other + €339

Total Investment €437,262
Est. Monthly Rent €1,327/mo
Est. Annual Rent €15,919/yr

Est. Yield 3.36%
Days on Market
227
First seen
2025-10-26
View on Idealista