Active
ID: 111359550
Mercado
Flat / apartment for sale in Calle Belando, 24
3 Bed • 2 Bath • 135 m² • Floor 5
€395,000
AI Analyst
Long-term Rental"Spacious 3-bedroom, 2-bath apartment in central Alicante offers modern finishes, south-facing exposure, and accessibility features, making it attractive for professionals or families seeking quality urban living close to Mercado."
Negotiation
Leverage
Balanced
Value Add
Update kitchen and bathrooms for premium rental yield
Pros
- •Prime central location near Mercado and amenities
- •Large 135 m² layout with good natural light (south-facing)
- •Accessibility features and elevator increase tenant pool
Cons
- •Rental yield is moderate relative to price (~4% gross)
- •No terrace or outdoor space, limiting appeal to some tenants
- •Potential for higher maintenance costs due to size and age
Description
Housing in the center of Alicante, Calle Belando. 3 bedrooms and 2 bathrooms Improved quality in flooring and carpentry. Basic features 135 m² built 3 bedrooms 2 bathrooms Balcony Second hand/good condition Built-in wardrobes South orientation Individual heating: Electric Access and housing adapted for people with reduced mobility.
Features
Elevator
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price
€395,000
+ Fees & Taxes
+ €45,606
Taxes (ITP 10%)
+ €39,500
Notary Fees
+ €3,318
Registry Fees
+ €1,264
Gestoría Fees
+ €1,185
Valuation + Other
+ €339
Total Investment
€440,606
Est. Monthly Rent
€1,330/mo
Est. Annual Rent
€15,957/yr
Est. Yield
3.62%
High
(85 Comps)
Days on Market
2
First seen
2026-05-04