Active ID: 109996080 Mercado

Flat / apartment for sale in Calle San Vicente

2 Bed • 2 Bath • 142 m² • Floor 1

€440,000

AI Analyst
Long-term Rental

"Fully renovated, industrial-style 2-bedroom apartment in Alicante’s prime Mercado area, offering immediate move-in, optional garage, and strong urban value uplift potential due to planned pedestrianization."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Prime central location with future pedestrianization likely to boost value
  • Fully renovated and furnished, minimizing upfront capex
  • Optional garage included, rare for city center properties
Cons
  • First floor without elevator may limit tenant pool and resale appeal
  • Price premium for central location; gross yield below market average
  • Only two bedrooms in 142m² may limit rental income optimization
Description

**MERITO INMOSERVICIOS** REF: GV-2398 Member of the Registry of Real Estate Intermediation Agents of the Valencian Community RAICV 5846. API 02178. Modern home for rent with option to buy or direct sale, in the very center of Alicante — Renovated, equipped, and optional garage space. Spectacular industrial-style home fully renovated and equipped, located in the heart of Alicante's center, with excellent qualities and ready to move into. A unique opportunity to acquire a high-level property through the rent-to-own option, enjoying all its comforts from day one. The property includes a garage space in the price, with the possibility of purchasing it without a garage if desired. ? Rent-to-own conditions: Initial payment: €20,000 Contract duration: 2 years Monthly rent: €1,550 Final sale price with garage: €465,000 Final sale price without garage: €440,000 NOTE: All amounts paid —both the initial premium and the monthly rents— will be fully deducted from the final sale price upon completion of the two-year contract, at which point the deed will be signed. ? Property features: Completely renovated and modernized home. First floor without elevator. Only one apartment per floor. Delivered equipped and furnished upon contract completion. Ready to move into. Located in one of the best areas of Alicante's center, with all services at street level. The pedestrianization of San Vicente street is planned as an urban development project, which will increase its value. Excellent layout, brightness, and qualities. Optional garage located in an adjacent building, on the same street. If you are looking for an exclusive home in the center with the peace of mind of living in it before buying, this is your opportunity. Legal Notice: The published price DOES NOT INCLUDE the following taxes and expenses, which will be borne by the buyer: 1. Property Transfer Tax (ITP, 10% for second-hand or used housing) may vary depending on age. 2. Notary, registry, and management fees. 3. Other legal or financing study fees, if applicable. This advertisement may contain errors. The information is provided for informational purposes only and does not contractually bind the seller or the agency. ? Contact us for more information or to arrange a visit. Follow us on our social media *Instagram: meritoinmoservicios *Facebook: meritoinmoservicios - We are delighted to assist you at our office located in the center of Alicante, at Calle Bazán, 28, 4th floor.

Features
Elevator
Air Conditioning
Parking
Exterior
Investment Summary
Purchase Price €440,000
Taxes (ITP 10%) + €44,000
Notary Fees + €3,696
Registry Fees + €1,408
Gestoría Fees + €1,320
Valuation + Other + €339

Total Investment €490,763
Est. Monthly Rent €1,250/mo
Est. Annual Rent €15,000/yr

Est. Yield 3.06%
Days on Market
193
First seen
2025-11-29
View on Idealista