Active ID: 112136544 Mercado

Flat / apartment for sale in Calle Belando

6 Bed • 4 Bath • 248 m² • Floor 5

€550,000

AI Analyst
Coliving

"Large, centrally located 248 m² apartment in Alicante’s Mercado area offers rare divisibility into two units, strong natural light, and proximity to transit—positioning it as a flexible value-add or income-generating asset."

Negotiation Leverage Balanced
Value Add Divide into two units and modernize kitchens/bathrooms to maximize rental yield
Pros
  • Authorization to divide into two separate units, increasing rental flexibility and exit options
  • Prime central location with excellent transit and amenity access
  • Large size and multiple rooms ideal for coliving or multi-tenant strategies
Cons
  • Current rental yield is low relative to asking price, requiring value-add to improve returns
  • Partial need for modernization (kitchen, bathrooms, finishes) to achieve market rents
  • Potential vacancy risk if not repositioned effectively due to large unit size
Description

Great Opportunity in Alicante! 248 m2 Exterior Apartment in the center of Alicante Are you looking for a spacious, bright, and centrally located apartment? This is your home! Located in the heart of Alicante, between Belando and Quintana streets, this impressive corner apartment is ideal for large families, investors, or as an opportunity for appreciation. Key features: Surface area: 248 m2 built. Layout: 6 bedrooms, 2 full bathrooms, 2 half-baths (one with a shower), large living-dining room, equipped kitchen, and 2 laundry galleries. Extras: Built-in wardrobes, air conditioning and heating in some rooms, elevator, en-suite bathroom, terrace, balcony, and 2 access doors (one main and one service). Qualities: Stoneware and parquet floors, aluminum interior carpentry, and aluminum exterior carpentry. Orientation: Southeast, which guarantees excellent natural light throughout the day. Unbeatable location: Steps away from buses, metro, train, supermarkets, shopping centers, and green areas. Very busy neighborhood with all services at your fingertips: pharmacies, schools, cafes, and more. Possibility of dividing the apartment: The apartment is authorized to be divided into two properties, making it an excellent investment for future rental projects or appreciation. Do not miss this opportunity to live in one of the most sought-after areas of Alicante, in an apartment with many possibilities, excellent layout, and at a competitive price. Come see it and make your offer! For more information or to schedule your visit, contact us now. Don't think twice, this apartment will sell fast!

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €550,000
Taxes (ITP 10%) + €55,000
Notary Fees + €4,620
Registry Fees + €1,760
Gestoría Fees + €1,650
Valuation + Other + €339

Total Investment €613,369
Est. Monthly Rent €0/mo
Est. Annual Rent €0/yr

Est. Yield 0.0%
Unknown (Estimated)
Days on Market
0
First seen
2026-08-02
View on Idealista