Active
ID: 112426448
Mercado
Flat / apartment for sale in Calle Belando
4 Bed • 2 Bath • 122 m² • Floor 4
€395,000
AI Analyst
Long-term Rental"Spacious, fully renovated 4-bedroom apartment in Alicante’s prime Mercado district, steps from El Corte Inglés and Plaza de Luceros, offering strong tenant appeal and immediate rental potential with modern amenities and a terrace."
Negotiation
Leverage
Balanced
Value Add
None - Turnkey
Pros
- •Prime central location near major amenities and transport
- •Fully renovated, minimizing immediate capex needs
- •Large size and terrace increase tenant desirability
Cons
- •Bedroom opened to living room reduces bedroom count for some tenants
- •Rental yield (~3.95%) is moderate for the area
- •Potential for higher community fees due to size and amenities
Description
Magnificent, completely renovated and very spacious home just steps from El Corte Inglés and Plaza de Luceros. Unbeatable location and condition! Currently, one of the bedrooms has been opened up into the living room.
Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price
€395,000
+ Fees & Taxes
+ €45,606
Taxes (ITP 10%)
+ €39,500
Notary Fees
+ €3,318
Registry Fees
+ €1,264
Gestoría Fees
+ €1,185
Valuation + Other
+ €339
Total Investment
€440,606
Est. Monthly Rent
€1,299/mo
Est. Annual Rent
€15,586/yr
Est. Yield
3.54%
High
(40 Comps)
Days on Market
0
First seen
2026-09-07