Active ID: 111026068 Mercado

Flat / apartment for sale in Calle Berenguer de Marquina

3 Bed • 2 Bath • 93 m² • Floor 1

€221,000

↓ 6.4% from €236,000
€221,000 2026-05-10
€226,000 2026-05-04
€236,000 2026-03-29
AI Analyst
Long-term Rental

"Centrally located 93m² apartment in Alicante’s Mercado district offers significant value-add potential through a full renovation, with strong rental demand and below-market pricing enhancing its investment appeal."

Negotiation Leverage Balanced
Value Add Comprehensive renovation to modern standards, including kitchen, bathrooms, and layout optimization.
Pros
  • Prime city center location near transport and amenities
  • Below-market price allows for value creation post-renovation
  • Strong rental demand in the area supports stable cash flow
Cons
  • Requires full renovation, increasing upfront capital outlay
  • Potential for unforeseen renovation costs or delays
  • No terrace or outdoor space, which may limit appeal to some tenants
Description

INMOBILIARIA STUDIO CENTRO EXCLUSIVELY MANAGES THIS PROPERTY WITH GREAT POTENTIAL, BOTH FOR LIVING AND FOR INVESTMENT. A simulation has been added, carried out through decoration, painting, and lighting improvements, without construction work (virtual home staging). UNIQUE OPPORTUNITY IN THE HEART OF ALICANTE – TO RENOVATE TO YOUR TASTE Property with enormous potential located in one of the best areas of Alicante, just a few meters from Avenida Alfonso X El Sabio, the Central Market, and Plaza de los Luceros. A privileged location, right in the center, with all services, transport, shops, and city life at your doorstep. The property is completely to be renovated, making it an ideal blank canvas to design a modern, functional home adapted to your needs. There is even the possibility of a deep, comprehensive renovation or total redistribution, making the most of its space and location. With a good renovation, this property can be transformed into a high-value product, whether as a primary residence, second home, or rental investment, in an area with constant high demand. Great appreciation potential: the current price is well below market value, even considering the cost of renovation. A clear opportunity to generate value from the first moment. TOP LOCATION Highly competitive price Ideal project for a custom renovation High potential profitability A perfect property for those looking to invest wisely or create an exclusive home in the very center of Alicante. WE BUY HOMES, WE PAY CASH, IN ALL AREAS OF ALICANTE CAPITAL AND PROVINCE: -If you are interested in selling your house to buy another home, we can help you sell it quickly and make the purchase of your new home easier. We handle all the paperwork at no cost to you. Inmobiliaria Studio Centro advises you throughout the entire home buying process. If you are not a resident: IT IS NOT NECESSARY TO HAVE A BANK ACCOUNT TO BUY A HOME WITH US, EVEN IF YOU ARE NOT A RESIDENT OF SPAIN AND ARE FROM ANOTHER COUNTRY. We are experts in the sale of homes, buildings, hotels, commercial premises, plots of land, buildings intended for parking, parking spaces, and other real estate assets. -We specialize in handling inheritances and declarations of heirs, managing the entire process. We market rentals of homes, commercial premises, and garages. Nearly 200 reviews on Google attest to our professionalism. -We have a specialized department for the sale of Hotels. Buildings. Companies. Businesses. Large investments. In addition to areas for renovations, design, and decoration with our own in-house team. -Management services for any type of urban administrative processing, specializing in inheritances, legalization of chalets, and other procedures. -We have a wide portfolio of properties in Alicante and other provinces in Spain and abroad, which you can easily access through our websites. -Our social media: Instagram: inmobiliariastudiocentro Instagram: marvelhomesuae dubai_homes Do not hesitate to contact us for whatever you need. -Offices in the center of Alicante, Calle Balando number 14 ground floor. -Offices in Business Bay, Emaar Avenue, Dubai, UAE. -Offices in Basel, Zurich, and Geneva, Switzerland. -We speak French, English, Arabic, and Spanish. (This document is purely informative, orientative, and non-binding, therefore it does not constitute any contractual information, and its use is strictly commercial. It may contain errors).

Features
Elevator
Air Conditioning
Parking
Exterior
Investment Summary
Purchase Price €221,000
Taxes (ITP 10%) + €22,100
Notary Fees + €1,856
Registry Fees + €707
Gestoría Fees + €663
Valuation + Other + €339

Total Investment €246,665
Est. Monthly Rent €1,182/mo
Est. Annual Rent €14,183/yr

Est. Yield 5.38%
Days on Market
46
First seen
2026-03-29
View on Idealista