Active ID: 110844587 Mercado

Flat / apartment for sale in Mercado

• Floor 2

€140,000

AI Analyst
Avoid

"Significantly discounted 1-bedroom Alicante apartment via 15-year nuda propiedad (equity release), offering a 54% discount to market value but with no immediate possession or rental income potential."

Negotiation Leverage Balanced
Value Add None - Turnkey (but no access for 15 years)
Pros
  • Prime Mercado location in Alicante city center
  • Substantial 54% discount to current market value
  • Modern, well-maintained interior with quality appliances
Cons
  • No access or rental income for 15 years due to usufruct
  • Market and legal risks associated with nuda propiedad structure
  • Liquidity risk: resale market for nuda propiedad is limited
Description

THIS IS AN EQUITY RELEASE / NUDA PROPIEDAD Usufruct Duration: Fixed 15 years Market Value: euro240,000 Purchase Today*: euro140000 Discount: 54% *Inclusive of Buyers Commission Property Type: Apartment Location: Alicante City, Alicante Bedrooms: 1 Bathrooms: 1 Internal Surface: 65m² Plot Size: 65m² Pool: No Condition: Excellent Occupants (Usufruct Holders): () Usufruct Rights: Use of the property for 15 years. Property Description: Welcome to this charming 1-bedroom equity release apartment in the heart of vibrant Alicante. Located in the sought-after Mercado area, this first-floor property is one of six in a three-story building (without a lift) and offers 65m² of well-designed living space. Featuring an open-plan lounge, dining, and kitchen area with high ceilings and timber beams, the apartment has two full-length windows opening onto small front balconies. The spacious double bedroom includes a dressing area and access to a back terrace with a utility space, while the fully tiled bathroom comes with a shower. Modern comforts include air conditioning (hot and cold), a built-in fridge/freezer, dishwasher, oven/hob/extractor, washing machine, and dryer. Ideally situated close to Alicante’s marina, shops, and all city amenities, this property combines a prime central location with stylish, comfortable living. Both buyer and seller benefit from legally sound contracts, officially signed and registered with a Spanish public notary and the Land Registry. In addition to the purchase price, the buyer pays Property Transfer Tax, notary fees, Land Registry fees.

Features
Elevator
Exterior
Investment Summary
Purchase Price €140,000
Taxes (ITP 10%) + €14,000
Notary Fees + €1,176
Registry Fees + €448
Gestoría Fees + €420
Valuation + Other + €339

Total Investment €156,383
Est. Monthly Rent €0/mo
Est. Annual Rent €0/yr

Est. Yield 0.0%
Unknown (Estimated)
Days on Market
154
First seen
2026-04-16
View on Idealista