Active ID: 111555679 Mercado

Flat / apartment for sale in Mercado

3 Bed • 1 Bath • 130 m² • Floor 1

€420,000

AI Analyst
Long-term Rental

"Spacious 3-bedroom flat with high ceilings, original architectural features, and abundant natural light in Alicante’s Mercado area offers strong character and customization potential for discerning investors."

Negotiation Leverage Balanced
Value Add Restore original hydraulic floors and expose stone walls to enhance appeal; modernize kitchen and bathrooms for premium rental positioning.
Pros
  • Unique architectural features (high ceilings, turret, original floors)
  • Excellent natural light and cross-ventilation
  • Versatile layout with 3 bedrooms plus office, ideal for remote work
Cons
  • Rental yield is moderate relative to price point
  • Potential renovation costs to unlock full value
  • Historic features may limit some modern upgrades
Description

HIGH CEILINGS with original turret in the Market area Main features: • HIGH CEILINGS with original turret • 3 bedrooms + office • Great feeling of SPACIOUSNESS and brightness • Original RESTORABLE HYDRAULIC floors • Possibility of uncovering original natural STONE walls • Living room with large windows • Excellent cross-ventilation • Fully equipped independent kitchen • Home with great character and customization potential • Quiet and well-maintained community Natural light, spaciousness, and character define this special home, hard to find nowadays in Alicante. Located in a quiet and well-connected area, the property stands out for its spectacular HIGH CEILINGS with an original turret, an increasingly exclusive element that adds elegance, personality, and an extraordinary sense of space. The spacious living room, with an original turret and balcony, stands out for its brightness and for creating an elegant and cozy atmosphere. The home has 3 bedrooms + an office, offering versatile spaces for families and remote work. The master bedroom is particularly noteworthy, approximately 4m x 4.5m and with a height of 3.5m, providing a great sense of spaciousness and freshness even in summer. The property also preserves original elements of great value. Under the current parquet flooring are the original HYDRAULIC floors, restorable for those seeking authenticity and charm. Likewise, there is the possibility of uncovering original natural STONE walls, adding even more personality and warmth to the home. Thanks to the large 6-meter gallery and the generous interior patio, the home enjoys excellent cross-ventilation and abundant natural light in all rooms. Note: A unique opportunity to live in a home with history, light, and personality in Alicante. WhatsApp: 621*363*946 Real estate agencies, please refrain.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €420,000
Taxes (ITP 10%) + €42,000
Notary Fees + €3,528
Registry Fees + €1,344
Gestoría Fees + €1,260
Valuation + Other + €339

Total Investment €468,471
Est. Monthly Rent €1,336/mo
Est. Annual Rent €16,031/yr

Est. Yield 3.42%
Days on Market
12
First seen
2026-05-29
View on Idealista