Active ID: 111555042 Mercado

Flat / apartment for sale in Mercado

3 Bed • 1 Bath • 147 m² • Floor 1

€398,000

AI Analyst
Long-term Rental

"Distinctive 3-bedroom flat in Alicante’s Mercado area featuring high ceilings, original architectural details, and abundant natural light—offering strong appeal for tenants seeking character and central location."

Negotiation Leverage Balanced
Value Add Restore original hydraulic floors and expose natural stone walls to enhance character and rental appeal.
Pros
  • Prime central Mercado location with excellent connectivity
  • Unique architectural features (skylight, high ceilings, original floors)
  • Strong natural light and cross-ventilation throughout
Cons
  • Gross rental yield is modest (~4%), limiting cash flow
  • Potential renovation costs to unlock full value-add
  • No mention of private parking, which may deter some tenants
Description

Unique home with high ceilings and original skylight in the heart of Alicante Description Natural light, spaciousness, and character combine in this special home, full of charm and difficult to find nowadays in Alicante. Located in one of the most pleasant and well-connected areas of the city, this property conveys a sense of well-being from the first moment. Its spectacular high ceilings with a skylight, increasingly scarce, add elegance, personality, and an incredible sense of space. The main living room, spacious and bright thanks to its large windows, invites relaxation and enjoyment of a calm and cozy atmosphere, where natural light becomes the protagonist throughout the day. One of the most special spaces in the home is the master bedroom, with approximate dimensions of 4m x 4.5m and ceilings 3.5m high. A space difficult to find currently, offering an extraordinary sense of spaciousness and freshness. Thanks to the height of its ceilings and natural ventilation, even during the hottest summer months, you can enjoy especially comfortable and pleasant rest. The home also preserves original elements with great value and potential. Under the current parquet flooring, the original hydraulic floors remain, recoverable for those seeking authenticity and character. Likewise, behind the white walls lie natural stone walls, offering the possibility of creating a more personal, warm, and unique atmosphere. Another great added value is its magnificent ventilation and luminosity. Thanks to the building's two interior courtyards, the rooms on both sides of the hallway have windows, allowing for cross-ventilation and excellent natural light throughout the home. A property with soul, perfect for those who value authentic, bright spaces full of personality. Main features High ceilings with original skylight Spacious and bright rooms Living room with large windows and abundant natural light Cool and pleasant atmosphere even in summer Master bedroom of great spaciousness and height Fully equipped independent kitchen Comfortable bedrooms Excellent cross-ventilation Recoverable original hydraulic floors Possibility of uncovering original natural stone walls Home with great character and personalization potential Location Quiet and established residential area, with all services a few minutes away: Shops Public transport Educational centers Green areas Restaurants and essential services Home condition Property very well maintained, ready to move into. Additional information Well-maintained and quiet community Note A unique opportunity to live in a home with history, natural light, and soulful spaces in the heart of Alicante.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €398,000
Taxes (ITP 10%) + €39,800
Notary Fees + €3,343
Registry Fees + €1,274
Gestoría Fees + €1,194
Valuation + Other + €339

Total Investment €443,950
Est. Monthly Rent €1,332/mo
Est. Annual Rent €15,989/yr

Est. Yield 3.6%
Days on Market
0
First seen
2026-07-18
View on Idealista