Active ID: 109955474 Mercado

Flat / apartment for sale in Calle Belando, 13

6 Bed • 4 Bath • 242 m² • Floor 5

€549,000

AI Analyst
Coliving

"Spacious 242 m² apartment in Mercado, Alicante, comprising two joined units just two blocks from Luceros. Bright, well-laid-out, and featuring a terrace, elevator, and excellent central location, this property offers strong appeal for investors seeking versatile rental strategies."

Negotiation Leverage Balanced
Value Add Modernize kitchens and bathrooms; optimize layout for multiple tenants
Pros
  • Prime central location near Luceros and amenities
  • Large size (242 m²) with flexible layout for coliving or subdivision
  • Bright, exterior-facing rooms with terrace and elevator
Cons
  • Current rental yield is low relative to asking price
  • Potentially high renovation costs to maximize rental income
  • Unclear legal status of joined apartments for certain rental strategies
Description

TWO BLOCKS FROM LUCEROS, two joined apartments are for sale, ideal for investors looking for a good return. Enjoying a well-located home makes a difference in everyday life. This apartment conveys a pleasant feeling of spaciousness from the first moment, with bright rooms that provide warmth and a comfortable layout that favors both rest and daily life. Every corner invites you to create a functional and welcoming home, adapted to different styles and needs. Its surroundings allow you to live with everything at your fingertips: shops, services, leisure areas and excellent connections that facilitate a practical, dynamic and uncomplicated life. A home that combines comfort, location and potential, ideal for those looking for quality of life in a space with personality and good sensations.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €549,000
Taxes (ITP 10%) + €54,900
Notary Fees + €4,612
Registry Fees + €1,757
Gestoría Fees + €1,647
Valuation + Other + €339

Total Investment €612,254
Est. Monthly Rent €1,647/mo
Est. Annual Rent €19,764/yr

Est. Yield 3.23%
Low (Estimated)
Days on Market
96
First seen
2025-11-27
View on Idealista