Active ID: 109902706 Mercado

Flat / apartment for sale in Calle del Marqués de Molins, 18

4 Bed • 2 Bath • 114 m² • Floor 4

€329,000

AI Analyst
Long-term Rental

"Fully renovated 4-bedroom apartment in Alicante’s Mercado district, offering modern amenities, a large garage, and storage, positioned in a prime central location with strong rental demand and excellent connectivity."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Completely renovated, move-in ready condition reduces immediate capex.
  • Prime city center location ensures high tenant demand and low vacancy risk.
  • Includes rare 28 m² garage and storage, enhancing rental and resale value.
Cons
  • Gross rental yield is modest (~4.4%), limiting upside for yield-focused investors.
  • HOA and property taxes moderately impact net operating income.
  • Potential for future supply increases in central Alicante could pressure rents.
Description

Apartment for sale in Mercado – Alicante A spacious and bright apartment is for sale on Calle Marqués de Molins 18, located in the heart of the Mercado neighborhood, one of the most sought-after areas of Alicante for its atmosphere, services, and excellent communication. The property, located on the fourth floor of a building with 2 elevators, has been completely renovated and equipped to offer maximum comfort. It has 114 m² built, distributed in: • 4 spacious bedrooms, ideal for the whole family or to create an office, playroom, or dressing room. • 2 complete bathrooms, modern and functional. • Very bright exterior living-dining room with access to a balcony. • Fully equipped kitchen with current design. For greater comfort, the house has ducted air conditioning throughout. In addition, the price includes: • Garage space of 28 m². • Storage room in the same building. The location is unbeatable: all services at street level, supermarkets, schools, public transport, medical centers, restaurants, etc. A unique opportunity to live in the city center, in a spacious, modern apartment with all amenities. Community of Owners housing: 795 euros/year Community of Owners garage: 157 euros/year IBI housing: 290 euros/year IBI garage: 41 euros/year Waste rate: 48 euros/year.

Features
Elevator
Terrace/Balcony
Air Conditioning
Parking
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €329,000
Taxes (ITP 10%) + €32,900
Notary Fees + €2,764
Registry Fees + €1,053
Gestoría Fees + €987
Valuation + Other + €339

Total Investment €367,042
Est. Monthly Rent €1,210/mo
Est. Annual Rent €14,520/yr

Est. Yield 3.96%
Days on Market
146
First seen
2025-11-19
View on Idealista