Active ID: 109981101 Mercado

Flat / apartment for sale in Mercado

3 Bed • 2 Bath • 93 m²

€370,000

AI Analyst
Long-term Rental

"Modernized 3-bedroom apartment in Alicante’s Mercado district offers turnkey condition, abundant natural light, and a prime central location—ideal for tenants seeking urban convenience and contemporary finishes."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Fully renovated in 2020 with modern finishes
  • Prime central location near amenities and transport
  • South-facing terrace ensures excellent natural light
Cons
  • Rental yield is moderate relative to price
  • Potential competition from similar renovated units
  • No mention of private parking or storage
Description

Fully renovated in 2020, this apartment is located in the heart of Alicante and is ready to move into. The 93 m² of usable space follow a modern layout: spacious living area with open-plan kitchen, three bedrooms, two full bathrooms, and a south-facing terrace providing consistent natural light. The property includes centralized air conditioning, heating and updated finishes. The building offers an elevator, a well-maintained entrance hall and a video intercom system. Prime central location with immediate access to services, shops, restaurants and public transport, suitable for both residence and investment. Schedule a viewing to assess the quality of the renovation and the full potential of the location.

Features
Elevator
Air Conditioning
Exterior
Investment Summary
Purchase Price €370,000
Taxes (ITP 10%) + €37,000
Notary Fees + €3,108
Registry Fees + €1,184
Gestoría Fees + €1,110
Valuation + Other + €339

Total Investment €412,741
Est. Monthly Rent €1,165/mo
Est. Annual Rent €13,982/yr

Est. Yield 3.39%
Days on Market
216
First seen
2025-11-27
View on Idealista