Active ID: 112137873 Mercado

Flat / apartment for sale in Mercado

4 Bed • 1 Bath • 67 m² • Floor 1

€255,000

AI Analyst
Long-term Rental

"Bright, centrally located 4-bedroom apartment in Alicante’s Mercado district offers strong rental demand potential, though original condition and first-floor walk-up status may limit appeal to some tenants or buyers."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathroom; update finishes for higher rental yield
Pros
  • Prime central location in Mercado district
  • Excellent natural light due to corner orientation
  • Spacious layout with 4 bedrooms, suitable for sharers
Cons
  • Original condition requires modernization investment
  • First floor without elevator may deter some tenants
  • Ambiguity in actual square meterage versus registered size
Description

We present this fantastic property located in the heart of Alicante, ideal for those looking for comfort and an excellent location. The apartment stands out for its brightness, thanks to its orientation and its corner design, which allows for better natural light entry into its spaces. This original-condition property features a hall, a spacious living room with large windows, 4 bedrooms, 1 bathroom with a shower tray and built-in wardrobes, a dining room, and an independent kitchen with access to the gallery. This property is located on the first floor without an elevator in a two-story building with only two neighbors per floor. It is registered with a total of 67m2 built, but the apartment actually has more square meters, which can be perfectly appreciated in the photos. Don't miss this opportunity! Purchase expenses: - Property Transfer Tax (ITP): generally 9%, calculated on the higher value between the sale price and the cadastral reference value (if the latter is higher). In cases where reduced ITP rates may apply, these will be applied in accordance with current regional regulations. - Notary fees corresponding to the deed of sale and its simple copies. (Estimated amount: Between €1,500 and €2,500). (You can request a quote from your trusted notary). - Property registry fees (Estimated amount: Between €300 and €800). - Administrative agency fees (Estimated amount: Between €300 - €400). - Agency fees included in the sale price. *This information is merely informative, indicative, and non-binding, and therefore does not constitute any contractual information, its use being strictly commercial. *.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €255,000
Taxes (ITP 10%) + €25,500
Notary Fees + €2,142
Registry Fees + €816
Gestoría Fees + €765
Valuation + Other + €339

Total Investment €284,562
Est. Monthly Rent €1,005/mo
Est. Annual Rent €12,059/yr

Est. Yield 4.24%
Days on Market
0
First seen
2026-08-02
View on Idealista