Active
ID: 111359550
Mercado
Flat / apartment for sale in Calle Belando, 24
3 Bed • 2 Bath • 135 m² • Floor 3
AI Analyst
Long-term Rental"Spacious 3-bedroom, 2-bath apartment in central Alicante offers modern finishes, south-facing balcony, and accessibility features—positioned for stable long-term rental demand in a prime urban location."
Negotiation
Leverage
Balanced
Value Add
Update kitchen and bathrooms for premium rent
Pros
- •Prime central location near Mercado
- •Large 135 m² layout with balcony
- •Accessibility features and modern finishes
Cons
- •Rental yield below 5% gross
- •Potential for higher community fees in central buildings
- •Limited value-add without significant renovation
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
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price
€392,000
+ Fees & Taxes
+ €45,262
Taxes (ITP 10%)
+ €39,200
Notary Fees
+ €3,293
Registry Fees
+ €1,254
Gestoría Fees
+ €1,176
Valuation + Other
+ €339
Total Investment
€437,262
Est. Monthly Rent
€1,338/mo
Est. Annual Rent
€16,051/yr
Est. Yield
3.67%
High
(90 Comps)
Days on Market
47
First seen
2026-05-04