Active ID: 109952362 Mercado

Flat / apartment for sale in Calle San Vicente

4 Bed • 2 Bath • 134 m² • Floor 5

€410,000

↓ 3.5% from €425,000
€410,000 2026-05-04
€425,000 2025-11-24
AI Analyst
Long-term Rental

"Spacious 4-bedroom apartment in the heart of Mercado, Alicante, offering strong rental appeal due to its central location, garage, and high-quality finishes. Ideal for investors seeking stable urban demand and value-add potential through modernization."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms to increase rental yield and resale value.
Pros
  • Prime central location near Central Market with strong tenant demand.
  • Includes garage space, a rare asset in city center properties.
  • Large, well-distributed layout with natural light and potential for upgrades.
Cons
  • Current rental yield is moderate (~3.8% gross), limiting short-term returns.
  • Property may require modernization to achieve premium rents.
  • Potential for higher transaction costs due to taxes and fees in the Valencian Community.
Description

Discover this magnificent 135 m2 home, located in an unbeatable area, just a few steps from the Central Market, in the heart of the city. An exceptional option for those seeking space, comfort, and superior quality. The property features 4 well-distributed bedrooms and 2 bathrooms, one of them en-suite, providing privacy and comfort. The spacious and very bright living-dining room becomes the center of the home, with air conditioning in both the living room and the master bedroom. The independent kitchen offers a functional and comfortable space, ideal for daily life. The wooden floors add warmth and elegance to each room, reinforcing the feeling of home. As an added value, the home includes a garage space, a real advantage in such a central area. In addition to its excellent layout, the property stands out for its high-quality finishes and its many possibilities for updating, allowing it to be adapted to the taste of the new owner. Its location, surrounded by all services, shops, and a vibrant urban life, makes this home a unique opportunity. The indicated price does not include the expenses and taxes inherent to the acquisition, which are detailed below: Property Transfer Tax (ITP): The tax rate in force in the Valencian Community will apply (generally 10%), without prejudice to reduced rates of 8%, 6%, 4%, and 3% depending on the personal circumstances of the buyer or the property. The tax is accrued on the Cadastral Reference Value or the sale price, whichever is higher. Notary Fees: Fees will be calculated according to the official tariff regulated in Annex/, of R. D. 1426/1989. Registry Fees: Registration fees will be invoiced according to the official tariff established in ANNEX/, of R. D. 1427/1989. Management Fees (Gestoría): Fees for administrative processing, tax settlement, and registration amount to between €300-€400 (VAT included). Agency Fees: To be paid by the owner. For exhaustive information on ITP tax rates and bonuses, you can consult the official portal of the Valencian Tax Agency: https: llatv. gva. esleslitpaid * THIS ADVERTISEMENT MAY CONTAIN ERRORS AND THE CONTENT IS NOT BINDING. IT IS PROVIDED FOR INFORMATIONAL AND NON-CONTRACTUAL PURPOSES.

Features
Elevator
Terrace/Balcony
Air Conditioning
Parking
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €410,000
Taxes (ITP 10%) + €41,000
Notary Fees + €3,444
Registry Fees + €1,312
Gestoría Fees + €1,230
Valuation + Other + €339

Total Investment €457,325
Est. Monthly Rent €1,385/mo
Est. Annual Rent €16,614/yr

Est. Yield 3.5%
Days on Market
198
First seen
2025-11-24
View on Idealista