Active ID: 109673701 Mercado

Flat / apartment for sale in Calle Belando, 24

3 Bed • 2 Bath • 135 m² • Floor 2

€365,000

↓ 14.1% from €425,000
€365,000 2026-09-22
€370,000 2026-09-09
€350,000 2026-09-08
€391,900 2026-07-25
€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 €365,000
Taxes (ITP 10%) + €36,500
Notary Fees + €3,066
Registry Fees + €1,168
Gestoría Fees + €1,095
Valuation + Other + €339

Total Investment €407,168
Est. Monthly Rent €1,353/mo
Est. Annual Rent €16,240/yr

Est. Yield 3.99%
Days on Market
362
First seen
2025-10-26
View on Idealista