Active ID: 109929801 Mercado

Flat / apartment for sale in Mercado

3 Bed • 2 Bath • 128 m² • Floor 2

€299,000

↓ 12.1% from €340,000
€299,000 2026-03-09
€315,000 2026-02-06
€340,000 2025-11-21
AI Analyst
Long-term Rental

"Spacious 128 m² apartment in central Alicante, near Plaza de Toros and Postiguet Beach, offers strong location fundamentals and flexible layout, but requires renovation to unlock full rental or resale value."

Negotiation Leverage Balanced
Value Add Full interior renovation (kitchen, bathrooms, finishes) to modern standards
Pros
  • Prime city-center location near transport, shopping, and beach
  • Large floor area with flexible 3-bedroom layout
  • Elevator access and good natural light
Cons
  • Requires significant renovation to achieve market rents
  • 1970s building may have dated infrastructure or higher maintenance
  • No terrace or outdoor space, limiting appeal to some tenants
Description

Unique opportunity to acquire your new home in the heart of Alicante! Located next to the emblematic Plaza de Toros and a few meters from the Central Market, the Plaza Mar 2 shopping center, bus stops, taxi, and TRAM, as well as schools, parks, and only a 10-minute walk from Postiguet Beach, this apartment offers an unbeatable location in one of the most dynamic areas of the city. The property has 128 m2 built and 107 m2 useful, distributed in two double bedrooms—one of them with an en-suite bathroom—a single bedroom, an additional full bathroom, an independent kitchen with a pantry, a storage room, and a spacious living room with excellent orientation, ideal for enjoying natural light or receiving family and friends. Built in 1970 and located on the second floor with an elevator, the property is ready to be renovated to your taste and includes split air conditioning for greater comfort. An ideal option for both a primary residence and an investment. Do not hesitate to contact us for more information. We offer the possibility of financing up to 100%. The indicated price corresponds exclusively to the property and does not include taxes or expenses derived from the sale, such as Property Transfer Tax (ITP) or VAT, notary fees, registry fees, management fees, and, where applicable, real estate brokerage fees. The distribution of these expenses will be carried out in accordance with current applicable regulations. The information contained in this advertisement is for informational purposes only and is provided for guidance, and may be subject to errors, price changes, omissions, or withdrawal from the market without prior notice. It does not constitute a contractual document or a binding offer in any case, notwithstanding that the information relating to essential characteristics and price may be binding in accordance with consumer and user regulations. The surfaces expressed are approximate and non-contractual, and may vary from those listed in the Property Registry or the Cadastre. The applicable taxation for the transaction, as well as the rest of the economic conditions, will depend on the particular circumstances of the parties involved, so it is recommended to consult with qualified professionals (tax advisor, notary, or lawyer) to determine the total cost and legal implications of the transaction.

Features
Elevator
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €299,000
Taxes (ITP 10%) + €29,900
Notary Fees + €2,512
Registry Fees + €957
Gestoría Fees + €897
Valuation + Other + €339

Total Investment €333,604
Est. Monthly Rent €1,304/mo
Est. Annual Rent €15,648/yr

Est. Yield 4.69%
Days on Market
144
First seen
2025-11-21
View on Idealista