Active
ID: 110909513
Mercado
Flat / apartment for sale in Calle del Capitán Segarra
3 Bed • 2 Bath • 98 m²
€495,000
AI Analyst
Long-term Rental"Modern 3-bedroom flat in Alicante’s Mercado area with two garage spaces, elevator access, and air conditioning offers solid fundamentals but limited yield at current pricing."
Negotiation
Leverage
Balanced
Value Add
Update furnishings and modernize bathrooms to increase rental appeal
Pros
- •Prime central location near Mercado, attractive for tenants
- •Includes two garage spaces, a rare and valuable amenity
- •Elevator and air conditioning enhance comfort and accessibility
Cons
- •Gross rental yield is low (~2.95%), limiting cash flow potential
- •No terrace or outdoor space, which may deter some renters
- •Furnishings may be dated; modernization required for premium rents
Description
Flat for sale in Alicante/Alacant, with 93 m², 3 rooms and 2 bathrooms, 2 Garage space, Lift, Furnished and Air conditioning.
Features
Elevator
Air Conditioning
Parking
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price
€495,000
+ Fees & Taxes
+ €57,066
Taxes (ITP 10%)
+ €49,500
Notary Fees
+ €4,158
Registry Fees
+ €1,584
Gestoría Fees
+ €1,485
Valuation + Other
+ €339
Total Investment
€552,066
Est. Monthly Rent
€1,215/mo
Est. Annual Rent
€14,575/yr
Est. Yield
2.64%
High
(58 Comps)
Days on Market
2
First seen
2026-03-14