Active
ID: 111232457
Mercado
Flat / apartment for sale in Calle Pintor Velazquez
2 Bed • 2 Bath • 90 m² • Floor 1
€399,000
AI Analyst
Long-term Rental"Modern 2-bedroom, 2-bath flat in Alicante's Mercado area with elevator access and air conditioning offers stable rental demand but limited upside due to lack of exterior exposure and terrace."
Negotiation
Leverage
Balanced
Value Add
Upgrade furnishings and improve lighting to enhance appeal
Pros
- •Prime central Mercado location with strong rental demand
- •Modern amenities including elevator and air conditioning
- •Turnkey condition, furnished and ready for tenants
Cons
- •No exterior exposure limits natural light and views
- •Absence of terrace reduces lifestyle appeal
- •Gross rental yield below 4%, limiting cash flow potential
Description
Flat for rent in Alicante/Alacant, 2 rooms and 2 bathrooms, Lift, Furnished and Air conditioning.
Features
Elevator
Air Conditioning
Fitted Wardrobes
Investment Summary
Purchase Price
€399,000
+ Fees & Taxes
+ €46,064
Taxes (ITP 10%)
+ €39,900
Notary Fees
+ €3,352
Registry Fees
+ €1,277
Gestoría Fees
+ €1,197
Valuation + Other
+ €339
Total Investment
€445,064
Est. Monthly Rent
€1,169/mo
Est. Annual Rent
€14,023/yr
Est. Yield
3.15%
High
(61 Comps)
Days on Market
0
First seen
2026-04-23