Active ID: 110493154 Mercado

Flat / apartment for sale in Mercado

6 Bed • 4 Bath • 250 m² • Floor 5

€550,000

AI Analyst
Coliving

"Expansive 6-bedroom apartment in central Alicante with castle views, multiple balconies, and modern amenities offers significant coliving or rental potential in a prime, sought-after location near major plazas and the port."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms to increase rental appeal
Pros
  • Large 242 sqm layout suitable for multiple tenants or families
  • Prime central location with strong rental demand and amenities nearby
  • Balconies with attractive views, including Santa Barbara Castle
Cons
  • Dated interior finishes may require modernization
  • High price per sqm relative to local rental yields
  • Potential vacancy risk if not optimized for coliving or short-term rental
Description

OPPORTUNITY A bright apartment in the heart of Alicante is for you. It extends over 242 square meters, from the entrance a long hallway distributes the rooms, where we have a hall, six double bedrooms, three of them have access to a balcony with views of Santa Barbara Castle. A spacious independent kitchen equipped with a small dining area and two galleries, an elegant, very large and bright living-dining room with access to a second balcony with clear views, a guest toilet and three full bathrooms with bathtubs, one of them en-suite in the master bedroom. It is sold fully furnished. It has features such as built-in wardrobes, wall-mounted split air conditioning, aluminum windows, wooden doors, stoneware flooring, and a security door. The building's entrance hall has been renovated and has two elevators. It is located in a central and sought-after area of Alicante, with direct access to services. It is close to Plaza Hermanos Pascual, Plaza de los Luceros, and 5 minutes from the port. Contact us, visit it, and discover its full potential!

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €550,000
Taxes (ITP 10%) + €55,000
Notary Fees + €4,620
Registry Fees + €1,760
Gestoría Fees + €1,650
Valuation + Other + €339

Total Investment €613,369
Est. Monthly Rent €1,650/mo
Est. Annual Rent €19,800/yr

Est. Yield 3.23%
Low (Estimated)
Days on Market
32
First seen
2026-01-30
View on Idealista