Active ID: 109865789 Mercado

Flat / apartment for sale in Mercado

4 Bed • 2 Bath • 148 m² • Floor 6

€320,000

↓ 13.0% from €368,000
€320,000 2026-04-07
€368,000 2025-11-19
AI Analyst
Long-term Rental

"Spacious 4-bedroom flat in Alicante’s Mercado district offers strong location fundamentals, large living areas, and renovation potential—positioning it as a flexible asset for long-term rental or value-add strategies in a high-demand urban market."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms; update finishes to increase rental yield
Pros
  • Prime central location with strong tenant demand
  • Large 148 m² layout suitable for families or sharers
  • Elevator, terrace, and exterior orientation enhance appeal
Cons
  • Dated interiors likely require significant renovation
  • Gross yield (~5.3%) is moderate for the area
  • Potential for higher vacancy risk if over-improved or overpriced
Description

Located in the vibrant central area of Alicante, this magnificent home offers a spacious living area of over 140 m2. With four well-lit bedrooms and two full bathrooms, every corner is designed to maximize your comfort. The generous social area is perfect for sharing unforgettable moments with family and friends. Enjoy the privilege of an unbeatable location surrounded by all the necessary services: exclusive shops, cozy restaurants, and schools within easy reach; furthermore, the beautiful beaches are just a few minutes' walk away. This property not only represents an excellent primary residence but also a unique opportunity as a secure investment due to its constant demand in one of the best urban neighborhoods. Ideal if you are looking for spacious rooms filled with natural light or plan to carry out spectacular renovations according to your personal tastes; here you will find the perfect balance between space and functionality that will make your dream home in Alicante a reality. NOTE: For properties for sale, the advertised sale price does not include PROPERTY TRANSFER TAX, NOR NOTARY AND REGISTRY FEES.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €320,000
Taxes (ITP 10%) + €32,000
Notary Fees + €2,688
Registry Fees + €1,024
Gestoría Fees + €960
Valuation + Other + €339

Total Investment €357,011
Est. Monthly Rent €1,432/mo
Est. Annual Rent €17,183/yr

Est. Yield 4.81%
Days on Market
150
First seen
2025-11-19
View on Idealista