Active ID: 109959981 Mercado

Flat / apartment for sale in Mercado

6 Bed • 4 Bath • 242 m² • Floor 5

€550,000

AI Analyst
Holiday Rental

"Spacious 242m² apartment in Alicante’s Mercado area with six bedrooms and a private terrace, ideal for large families or conversion to a high-yield holiday rental. Proximity to the beach and amenities enhances its investment appeal."

Negotiation Leverage Balanced
Value Add Modernize bathrooms and update interior finishes to increase rental appeal
Pros
  • Large size and six bedrooms allow for flexible rental strategies
  • Prime location near Central Market and 1km from the beach
  • Private terrace and natural light enhance tenant desirability
Cons
  • High purchase price relative to estimated rental yield
  • Potential need for interior modernization to maximize returns
  • Large unit size may limit tenant pool for long-term rentals
Description

Discover this impressive apartment located in the vibrant Central Market area of Alicante, offering a constructed area of 242 square meters. This spacious home features six double bedrooms, perfect for families or as an investment for vacation rentals. Additionally, it has three bathrooms and an extra toilet, ensuring comfort for all residents and visitors. The property is just 1000 meters from the beach, allowing easy enjoyment of the sun and the Mediterranean Sea. The private 20m2 terrace is ideal for relaxing or hosting family gatherings under the warm Alicante climate. Its independent kitchen is fully equipped, while its spacious living room provides a cozy and naturally lit atmosphere thanks to its large windows. The flooring is granite, adding a sophisticated touch to every corner of the property. Furthermore, this magnificent home is situated close to all necessary amenities: supermarkets, restaurants, shops, and public transport, thus simplifying your day-to-day life without additional complications. An unparalleled opportunity whether you are looking for a permanent residence or a real estate investment. Do not hesitate to contact us for more information, we will be delighted to assist you. We offer the possibility of financing up to 100%.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €550,000
Taxes (ITP 10%) + €55,000
Notary Fees + €4,620
Registry Fees + €1,760
Gestoría Fees + €1,650
Valuation + Other + €339

Total Investment €613,369
Est. Monthly Rent €1,650/mo
Est. Annual Rent €19,800/yr

Est. Yield 3.23%
Low (Estimated)
Days on Market
97
First seen
2025-11-27
View on Idealista