Active ID: 112298208 Mercado

Flat / apartment for sale in Mercado

6 Bed • 1 Bath • 200 m² • Floor 0

€260,000

AI Analyst
Coliving

"Spacious 200 m² flat in Alicante’s Mercado district offers rare original features and flexible layout, presenting a compelling value-add opportunity for investors seeking central location and strong rental demand."

Negotiation Leverage High
Value Add Full renovation to modern standards, potential reconfiguration to maximize bedroom count and add bathrooms.
Pros
  • Prime central location with high rental demand potential
  • Large size and flexible layout suitable for coliving conversion
  • Original architectural features add character and market appeal
Cons
  • Requires complete renovation, including utilities reconnection
  • Currently only one bathroom for six bedrooms limits immediate rental use
  • Potentially high upfront capital expenditure and renovation risk
Description

Charming property with original features in the heart of Alicante A property with immense potential, situated in a central and privileged location, yet on a quiet, pleasant, tree-lined street, ideal for those who want to live in the city center without sacrificing a more relaxed environment. The property spans approximately 200 m² and stands out for its spacious rooms and the preservation of original elements that add character and personality, such as its beautiful hydraulic tile floors and various antique details typical of the era. It is currently distributed into 6 bedrooms, 1 bathroom, and 2 patios, offering multiple options for renovation to fully adapt it to the new owner's needs. Access to the property requires only 5 steps, a feature worth noting for this type of traditional building. The property is in need of renovation, which represents an excellent opportunity to restore all its original charm and create a unique, spacious, and special home in one of the most central areas of Alicante. It currently has no water or electricity connection. Due to its size, layout, and location, it is ideal both as a primary residence and for those looking for a property with personality and an interesting renovation project. 200 m² · 6 bedrooms · 1 bathroom · 2 patios · hydraulic tile floors · original elements · to be renovated.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €260,000
Taxes (ITP 10%) + €26,000
Notary Fees + €2,184
Registry Fees + €832
Gestoría Fees + €780
Valuation + Other + €339

Total Investment €290,135
Est. Monthly Rent €1,675/mo
Est. Annual Rent €20,100/yr

Est. Yield 6.93%
Days on Market
4
First seen
2026-08-23
View on Idealista