Active
ID: 112489097
Mercado
Flat / apartment for sale in Calle Belando, 26
3 Bed • 2 Bath • 135 m² • Floor 3
€350,000
AI Analyst
Long-term Rental"Spacious 3-bedroom, 2-bath apartment in central Alicante offers modern finishes, south-facing exposure, and accessibility features, making it attractive for long-term tenants seeking comfort and convenience in a prime urban location."
Negotiation
Leverage
Balanced
Value Add
Update kitchen and bathrooms for higher rental yield
Pros
- •Prime city centre location with strong rental demand
- •Large 135 m² layout with balcony and terrace
- •Accessibility features broaden tenant pool
Cons
- •Rental yield (~4.7% gross) is moderate for the price point
- •Potential for higher maintenance costs due to size and age
- •Limited value-add opportunities beyond cosmetic upgrades
Description
Property in the centre of Alicante, Calle Belando. 3 bedrooms and 2 bathrooms Improved quality flooring and carpentry. Basic features 135 m² built 3 bedrooms 2 bathrooms Balcony Second hand/good condition Fitted wardrobes South facing Individual heating: Electric Access and property adapted for people with reduced mobility.
Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price
€350,000
+ Fees & Taxes
+ €40,449
Taxes (ITP 10%)
+ €35,000
Notary Fees
+ €2,940
Registry Fees
+ €1,120
Gestoría Fees
+ €1,050
Valuation + Other
+ €339
Total Investment
€390,449
Est. Monthly Rent
€1,360/mo
Est. Annual Rent
€16,318/yr
Est. Yield
4.18%
High
(100 Comps)
Days on Market
0
First seen
2026-09-08