Active
ID: 110409831
Mercado
Flat / apartment for sale in Mercado
3 Bed • 1 Bath • 65 m² • Floor 2
€239,000
AI Analyst
Long-term Rental"Well-located 3-bedroom apartment in Alicante’s Mercado area, offering strong walkability, two balconies, and proximity to key amenities—ideal for tenants seeking urban convenience and lifestyle appeal."
Negotiation
Leverage
Balanced
Value Add
Modernize kitchen and bathrooms to increase rental yield
Pros
- •Prime central location near transport, shopping, and beach
- •Three bedrooms maximize rental flexibility and income potential
- •Exterior unit with two balconies enhances natural light and appeal
Cons
- •Modest size (65 m²) may limit appeal to families
- •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
€239,000
+ Fees & Taxes
+ €27,728
Taxes (ITP 10%)
+ €23,900
Notary Fees
+ €2,008
Registry Fees
+ €765
Gestoría Fees
+ €717
Valuation + Other
+ €339
Total Investment
€266,728
Est. Monthly Rent
€898/mo
Est. Annual Rent
€10,770/yr
Est. Yield
4.04%
High
(4 Comps)
Days on Market
35
First seen
2026-01-27