Active ID: 103555089 Mercado

Flat / apartment for sale in Mercado

4 Bed • 1 Bath • 130 m²

€275,000

AI Analyst
Holiday Rental

"Well-located 4-bedroom apartment in Alicante’s Mercado district, featuring historic details, large terrace, and flexible layout. Offers strong value-add potential through renovation and possible tourist rental licensing, with proximity to amenities and high rental demand."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms, open-plan redesign, upgrade finishes for tourist rental compliance
Pros
  • Prime city center location near Central Market and amenities
  • Flexible layout with potential for open-plan or commercial use
  • Tourist rental license possible, boosting yield potential
Cons
  • Requires significant renovation to maximize value
  • Historic features may increase renovation costs
  • Tourist rental licensing subject to regulatory risk
Description

Spacious home located next to the Central Market, Alicante City Center, with many possibilities. Currently has 110m2, divided into 4 spacious bedrooms, 2 living rooms, and a large terrace. Possibility of making the entire space open-plan as it is divided by partition walls. It has stone walls and beautiful hydraulic floors, as well as original solid wood carpentry. Possibility of a license for tourist rental. A private entrance can be made from the same street or even a commercial space can be created. Surrounded by all kinds of services and amenities (shops, Central Market, shopping centers, clothing stores, restaurants, schools, etc. ). ALISPAIN - Do you need financing or a mortgage? We have an exclusive department to help you throughout the process, we work with the main bank branches. ALISPAIN - Do you need financing or a mortgage? We have an exclusive department to help you throughout the process, we work with the main bank branches. LEGAL NOTICE. - The wording contained in this description and observations are purely informative and do not have a legally binding character. This advertisement is informative and without contractual value, it may contain errors. Real estate fees, expenses, and taxes are not included, consult with our advisors. Request more information and visit the property. REF. 00720.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €275,000
Taxes (ITP 10%) + €27,500
Notary Fees + €2,310
Registry Fees + €880
Gestoría Fees + €825
Valuation + Other + €339

Total Investment €306,854
Est. Monthly Rent €1,385/mo
Est. Annual Rent €16,614/yr

Est. Yield 5.41%
Days on Market
247
First seen
2025-08-04
View on Idealista