Active ID: 111017163 Mercado

Flat / apartment for sale in Mercado

3 Bed • 2 Bath • 102 m² • Floor 7

€350,000

AI Analyst
Long-term Rental

"Seventh-floor, 3-bedroom flat in central Alicante with sea and city views offers strong rental appeal due to its prime location, spacious layout, and modern amenities, making it a compelling asset for long-term investors."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms to increase rental yield
Pros
  • Prime central location near Luceros and all services
  • Impressive sea and city views from a high floor
  • Spacious layout with 3 bedrooms and 2 bathrooms
Cons
  • Potential need for interior modernization
  • Purchase costs (ITP, notary, registry) add to acquisition price
  • Rental yield is moderate relative to purchase price
Description

Housing for sale very close to Luceros with impressive views of the sea and the charming city. Located in a privileged area in the center of Alicante, ideal for those seeking comfort and proximity to all services. This property of 102 square meters built, is located on the 7th floor with an elevator. It has 3 bedrooms, one of them with a bathroom en suite, plus a second full bathroom, a spacious living-dining room, and a kitchen with a gallery and laundry room. Building with good access to transport, shops, and services in the center-Luceros area. Ideal to move into or as an investment. Purchase expenses: Property Transfer Tax (ITP): generally, 10%, calculated on the higher value between the sale price and the cadastral reference value (if it is higher). In cases where reduced ITP rates may apply, these will be applied in accordance with current regional regulations. – Notary fees corresponding to the deed of sale and its simple copies. (Estimated amount: Between €1,500 and €2,500. (You can request a quote from your trusted notary). – Property registry fees (Estimated amount: Between €300 and €800). – Agency fees (Estimated amount: Between €300 - €400) *This information is purely informative, indicative, and non-binding, therefore it does not constitute any contractual information, and its use is strictly commercial*.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €350,000
Taxes (ITP 10%) + €35,000
Notary Fees + €2,940
Registry Fees + €1,120
Gestoría Fees + €1,050
Valuation + Other + €339

Total Investment €390,449
Est. Monthly Rent €1,236/mo
Est. Annual Rent €14,828/yr

Est. Yield 3.8%
Days on Market
1
First seen
2026-03-29
View on Idealista