Active ID: 111582106 Mercado

Flat / apartment for sale in Mercado

4 Bed • 2 Bath • 119 m² • Floor 7

€350,000

AI Analyst
Long-term Rental

"Spacious 4-bedroom apartment in Alicante’s prime Mercado area, offering abundant natural light, classic architectural details, and strong renovation potential in a well-maintained building with modernized common areas."

Negotiation Leverage Balanced
Value Add Full interior modernization (kitchen, bathrooms, finishes) to maximize rental yield and capital appreciation.
Pros
  • Prime city center location with excellent transport links
  • Large, bright rooms and classic features appealing to tenants
  • Building with recent facade and elevator upgrades
Cons
  • Requires significant interior renovation to achieve market rents
  • Upper floor may deter some tenants preferring lower levels
  • Rental yield is moderate relative to acquisition and renovation costs
Description

We present this exclusive apartment for sale in the center of Alicante, located in one of the most sought-after areas of the city, just a few meters from Plaza de Luceros. A unique opportunity for those seeking a home with character in the heart of Alicante, with spaciousness, natural light, and great renovation possibilities. Located on the seventh floor, this apartment for sale in the Alicante City Center area stands out for its brightness and unobstructed views. The property has 95 m2 built distributed in a spacious living-dining room, independent kitchen, four bedrooms, and two bathrooms, as well as a terrace and balcony that provide ventilation and connection with the outdoors. The living room conveys a stately atmosphere thanks to its herringbone parquet floors, noble wood carpentry, and classic details such as chandeliers and doors with decorative stained glass. The traditional-style kitchen has oak cabinetry and a granite countertop, offering a solid base for future modernization. The bedrooms are spacious and very bright, with large windows and built-in wardrobes, ideal for families or for those who need extra space for an office or dressing room. The property has undergone partial renovations, making it an excellent option as an apartment to renovate in the center of Alicante and design a completely personalized home. The building is one of the most valued in the area, built with excellent qualities and constantly maintained: recently renovated facade and updated elevators, ensuring comfort and safety. The location is undoubtedly one of its greatest attractions. Living here means being surrounded by all the necessary services for daily life: supermarkets, shops, schools, medical centers, green areas, and excellent public transport connections. A few steps away, you will find the TRAM station, city bus lines, and the train station (RENFE), facilitating total mobility within and outside the city. Furthermore, this area is perfect for enjoying the Alicante lifestyle, with quick access to commercial areas, restaurants, and emblematic events such as the Hogueras de San Juan, allowing you to experience the mascletás from a privileged location. If you are looking for a spacious, bright apartment with great potential for sale in Alicante center, this is an opportunity you cannot miss. Key features: 4 spacious bedrooms 2 bathrooms Terrace and balcony 7th exterior floor, very bright Herringbone parquet floors Noble wood carpentry Built-in wardrobes Air conditioning Building with updated elevators Premium location in the center of Alicante Excellent connection with TRAM, buses, and RENFE Ideal for renovation and personalization NOTE: For properties for sale, the advertised sale price does not include PROPERTY TRANSFER TAX, nor NOTARY AND REGISTRY FEES.

Features
Elevator
Air Conditioning
Exterior
Investment Summary
Purchase Price €350,000
Taxes (ITP 10%) + €35,000
Notary Fees + €2,940
Registry Fees + €1,120
Gestoría Fees + €1,050
Valuation + Other + €339

Total Investment €390,449
Est. Monthly Rent €1,231/mo
Est. Annual Rent €14,770/yr

Est. Yield 3.78%
Days on Market
11
First seen
2026-05-30
View on Idealista