Active ID: 111694922 Mercado

Flat / apartment for sale in Mercado

1 Bed • 1 Bath • Floor 0

€258,000

↓ 9.5% from €285,000
€258,000 2026-07-18
€285,000 2026-06-25
AI Analyst
Long-term Rental

"Versatile ground-floor unit in Alicante’s Mercado district offers both residential and commercial potential, benefiting from high foot traffic and proximity to key amenities. Registered as a dwelling but licensed for business, it presents flexible value-add opportunities for investors."

Negotiation Leverage Balanced
Value Add Convert commercial fit-out to residential use; modernize interiors
Pros
  • Prime central location near major amenities and transport
  • Dual-use flexibility (residential or commercial)
  • Ground floor with corner exposure for visibility
Cons
  • Requires conversion for residential use
  • No terrace or private outdoor space
  • Uncertain rental yield due to lack of market data
Description

Corner ground floor property for sale located at 50 Pintor Velázquez Street, on the corner of San Leandro Street, in one of the most central and well-established areas of Alicante. The property has an approximate area of 80 m2 and currently holds an opening license as a commercial premises for food retail. However, it is registered as a residential property in the deed, which opens up interesting possibilities for both residential use and investment. Its excellent location allows you to enjoy all services just a few steps away: • A few meters from the Edificio Representantes. • About 150 meters from the Bullring (Plaza de Toros). • Approximately 300 meters from the Central Market. • Surrounded by banks, schools, a hospital, pharmacies, supermarkets, parks, and public transport. The property is currently equipped for commercial activity, making it an excellent opportunity for those who wish to continue the existing business or develop a new one. It has water and electricity supplies. A versatile property with a privileged location in the heart of Alicante and multiple possibilities for use. Contact us for more information or to arrange a visit. Managed by AVS Properties. ROAIIB GOIBE781806/2024.

Features
Elevator
Exterior
Investment Summary
Purchase Price €258,000
Taxes (ITP 10%) + €25,800
Notary Fees + €2,167
Registry Fees + €826
Gestoría Fees + €774
Valuation + Other + €339

Total Investment €287,906
Est. Monthly Rent €0/mo
Est. Annual Rent €0/yr

Est. Yield 0.0%
Unknown (Estimated)
Days on Market
63
First seen
2026-06-25
View on Idealista