Active ID: 109673701 Mercado

Flat / apartment for sale in Calle Belando, 24

3 Bed • 2 Bath • 135 m² • Floor 2

€425,000

AI Analyst
Long-term Rental

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

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms for premium rental positioning
Pros
  • Prime central location in Alicante near Mercado
  • Large 135 m² layout with balcony and good natural light
  • Accessibility features and elevator increase tenant pool
Cons
  • Gross rental yield below 4% at asking price
  • Electric heating may deter some tenants due to running costs
  • Second-hand condition may require capex for modernization
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 €425,000
Taxes (ITP 10%) + €42,500
Notary Fees + €3,570
Registry Fees + €1,360
Gestoría Fees + €1,275
Valuation + Other + €339

Total Investment €474,044
Est. Monthly Rent €1,325/mo
Est. Annual Rent €15,905/yr

Est. Yield 3.36%
Days on Market
128
First seen
2025-10-26
View on Idealista