Active ID: 112752310 Mercado

Flat / apartment for sale in Mercado

3 Bed • 2 Bath • 66 m² • Floor 1

€250,000

AI Analyst
Long-term Rental

"Historic first-floor apartment in Alicante's Mercado area offers high ceilings, a private patio, and abundant natural light. With strong rental demand and value-add potential, this property is a compelling opportunity for investors seeking city-center assets."

Negotiation Leverage Balanced
Value Add Comprehensive renovation to modern standards
Pros
  • •Prime Mercado location with excellent transport links
  • •High ceilings and private patio add character and appeal
  • •Strong rental demand in city center
Cons
  • •Requires full renovation, increasing upfront costs
  • •First floor may have limited views and privacy
  • •No parking or air conditioning included
Description

Exclusive: Historic charm to renovate in the sought-after Central Market area We exclusively present this unique property located in the heart of Alicante, in the iconic and highly sought-after Central Market area. Situated on the first floor of a historic building with character, this property stands out for its traditional high ceilings and a versatile layout with a private patio, offering the perfect canvas to create a uniquely designed home or a high-yield investment. Main features: Surface area and main room: Exterior living room with great natural light and access to a spacious master bedroom facing the street. Bedrooms: 3 rooms in total (one large exterior room and two rooms ideal for an office, dressing room, or auxiliary bedrooms facing the patio). Kitchen and patio: Good-sized independent kitchen with direct access to a private patio that includes a small half-bath. Architecture: Iconic historic building, located on the 1st floor (no elevator) with high ceilings that provide spaciousness and character. Condition: In need of comprehensive renovation, with infinite possibilities for redistribution. Location and unbeatable surroundings: Privileged location in one of the most dynamic and in-demand areas of Alicante's city center. Surrounded by all services: local shops, gastronomic offerings, supermarkets, and the historic Central Market. Excellent public transport connections with TRAM stops (Luceros and Mercado) and bus stops just a few steps away, and the Central Train Station just a 15-minute walk away. Property managed exclusively. Contact us to coordinate a visit and discover the full potential of this property.

Features
Elevator
Terrace/Balcony
Exterior
Investment Summary
Purchase Price €250,000
Taxes (ITP 10%) + €25,000
Notary Fees + €2,100
Registry Fees + €800
Gestoría Fees + €750
Valuation + Other + €339

Total Investment €278,989
Est. Monthly Rent €1,102/mo
Est. Annual Rent €13,228/yr

Est. Yield 4.74%
Days on Market
1
First seen
2026-10-06
View on Idealista