Active
ID: 110409831
Mercado
Flat / apartment for sale in Mercado
3 Bed • 1 Bath • 65 m² • Floor 2
€249,000
↓ 7.4%
from €269,000
View history
€249,000
2026-04-09
€239,000
2026-02-17
€229,000
2026-02-06
€269,000
2026-01-27
AI Analyst
Long-term Rental"Well-located 3-bedroom apartment in Mercado, Alicante, offering strong walkability to transport, shopping, and the beach. Two balconies and exterior orientation enhance appeal for both long-term tenants and holiday lets."
Negotiation
Leverage
Balanced
Value Add
Modernize kitchen and bathrooms to increase rental yield
Pros
- •Prime central location near transport, shops, and beach
- •Three bedrooms maximize rental flexibility
- •Exterior unit with two balconies and elevator
Cons
- •Modest size at 65 m² may limit tenant pool
- •Likely requires interior updates to achieve premium rents
- •No mention of parking, which may deter some tenants
Description
This beautiful, quiet, and sunny apartment with two balconies and three bedrooms is located just a 5-10 minute walk from the Bullring, the Market, Alicante Renfe train station, the large El Corte Inglés shopping center, restaurants, bars, supermarkets, the Plaza de Lucero tram stop, and 1 km from Postiquet beach. Everything is within walking distance!
Features
Elevator
Terrace/Balcony
Exterior
Investment Summary
Purchase Price
€249,000
+ Fees & Taxes
+ €28,874
Taxes (ITP 10%)
+ €24,900
Notary Fees
+ €2,092
Registry Fees
+ €797
Gestoría Fees
+ €747
Valuation + Other
+ €339
Total Investment
€277,874
Est. Monthly Rent
€948/mo
Est. Annual Rent
€11,380/yr
Est. Yield
4.27%
High
(8 Comps)
Days on Market
134
First seen
2026-01-27