Delisted
ID: 110074831
Mercado
Flat / apartment for sale in Calle de Juan de Herrera, 10
3 Bed • 1 Bath • 111m² • 2
€210,000
AI Analyst
Long-term Rental"Significantly underpriced 3-bedroom, 111m² apartment with terrace and elevator in central Alicante offers strong yield potential, but requires renovation—ideal for investors seeking value in a fast-moving market."
Negotiation
Leverage
Low
Value Add
Full renovation needed
Pros
- •Substantial discount to market average price
- •Elevator and terrace enhance tenant appeal
- •Prime central location near amenities
Cons
- •Requires complete renovation
- •Only 3 bedrooms—limits coliving potential
- •Very short average days on market reduces negotiation power
Description
Apartment to renovate in the heart of Alicante, between the central market and the bullring.
Features
Elevator
Terrace/Balcony
Exterior
Investment Summary
Purchase Price
€210,000
+ Fees & Taxes
+ €24,405
Taxes (ITP 10%)
+ €21,000
Notary Fees
+ €1,764
Registry Fees
+ €672
Gestoría Fees
+ €630
Valuation + Other
+ €339
Total Investment
€234,405
Est. Monthly Rent
€1,255/mo
Est. Annual Rent
€15,060/yr
Est. Yield
6.42%
High
(129 Comps)
Days on Market
44
First seen
2025-12-08