Active ID: 111988240 Mercado

Flat / apartment for sale in Mercado

4 Bed • 2 Bath • 122 m² • Floor 12

€640,000

AI Analyst
Long-term Rental

"Spacious 4-bedroom apartment in central Alicante with panoramic city and sea views, quality finishes, terrace, garage, and storage—offering strong fundamentals for value-add or stable rental income in a prime location."

Negotiation Leverage Balanced
Value Add Modernize bathrooms and update interior design for higher rental yield
Pros
  • Prime central location with excellent transport and amenities
  • Spacious layout with terrace and panoramic views
  • Includes garage and storage, rare for city center
Cons
  • Only one full bathroom for four bedrooms limits coliving potential
  • Older finishes may require modernization to maximize value
  • Monthly rent yields a modest gross yield (~2.3%), below typical investor targets
Description

Reference 16505 An excellent apartment in a magnificent central area of Alicante (Plaza de España). Located next to main avenues and a step away from the center, it enjoys excellent transport links and is surrounded by all services and commercial areas. This is a completely exterior property, very spacious and bright, with an excellent layout and great potential to personalize it with our own style. With solid and quality construction, the home is offered semi-furnished, is in magnificent condition, and has optimal qualities, including parquet flooring, plaster ceilings, white lacquered oak carpentry, and lacquered aluminum windows, among other improvements. The spacious and bright living room, well-connected, has two orientations and two distinct areas, as well as a magnificent terrace with panoramic views of the city and the sea. The independent kitchen, with an office area, is fully equipped, includes all appliances, and also has an exterior utility room. The home has 4 bedrooms (3 of them with built-in wardrobes), 1 full bathroom, and 1 toilet. The building has an elevator, and the property also includes a garage space and a storage room. A magnificent home, spacious, well-distributed, and in an excellent central location, for those who know how to appreciate its quality, exclusivity, and all the possibilities it offers. Arrange a visit now and personally check the opportunity that the acquisition of this property represents. This publication is purely informative, orientative, and non-binding, therefore it does not constitute any contractual information, and its use is strictly commercial. This advertisement may contain errors; it is shown for informational purposes of the data received, and the real estate agency is not responsible for such errors. Information note in accordance with Art. 20 TRLGDCU The published sale price does not constitute a binding offer and does not include the expenses and taxes derived from the sale. The transaction may be subject to ITP and/or VAT. Additional costs for Notary, Property Registry, and Appraisal must be estimated. Real estate fees are borne by the seller.

Features
Elevator
Terrace/Balcony
Air Conditioning
Parking
Fitted Wardrobes
Investment Summary
Purchase Price €640,000
Taxes (ITP 10%) + €64,000
Notary Fees + €5,376
Registry Fees + €2,048
Gestoría Fees + €1,920
Valuation + Other + €339

Total Investment €713,683
Est. Monthly Rent €1,232/mo
Est. Annual Rent €14,785/yr

Est. Yield 2.07%
Days on Market
1
First seen
2026-07-10
View on Idealista