Active ID: 110352941 Mercado

Flat / apartment for sale in Avenida Alfonso El Sabio

3 Bed • 2 Bath • 135 m² • Floor 5

€565,000

↓ 1.7% from €575,000
€565,000 2026-05-10
€575,000 2026-01-21
AI Analyst
Long-term Rental

"Spacious 3-bedroom, 2-bath apartment in Alicante’s Mercado area offers 135 m² of functional living, balcony/terrace, parking, and storage—well-suited for families seeking comfort and proximity to city amenities and the beach."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms to increase rental appeal
Pros
  • Prime location near city center and beach
  • Includes parking and storage—rare in central areas
  • Spacious layout with outdoor spaces (balcony/terrace)
Cons
  • Gross rental yield below 3% limits cash flow potential
  • Likely requires cosmetic updates to maximize value
  • Family-oriented layout may limit tenant pool flexibility
Description

Discover this spacious 135 m² apartment, ideal for families seeking comfort and functionality. The home features 3 bedrooms and 2 bathrooms, offering a cozy and practical environment for daily living. Enjoy exterior views from its balcony and terrace, perfect for relaxing outdoors or spending time with family and friends. Equipped with air conditioning and central heating, it guarantees comfort throughout the year. The fully equipped kitchen and built-in wardrobes facilitate organization and optimize space. Additionally, the building has an elevator, making it accessible for everyone. The property includes a parking space and a storage room, providing additional space for your belongings, and it is pet-friendly, allowing your pets to feel at home. Located in Alicante, in a well-connected area close to all services: supermarkets, schools, restaurants, and health centers. Furthermore, it is just a few minutes from the beach and the city center, combining tranquility and urban life at the same time. An excellent opportunity for those looking for a spacious and functional home in a prime location.

Features
Elevator
Terrace/Balcony
Air Conditioning
Parking
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €565,000
Taxes (ITP 10%) + €56,500
Notary Fees + €4,746
Registry Fees + €1,808
Gestoría Fees + €1,695
Valuation + Other + €339

Total Investment €630,088
Est. Monthly Rent €1,333/mo
Est. Annual Rent €15,995/yr

Est. Yield 2.54%
Days on Market
110
First seen
2026-01-21
View on Idealista