Delisted ID: 107005853 Mercado

Flat / apartment for sale in Calle Pintor Velazquez

2 Bed • 1 Bath • 85 m² • Floor 1

€235,000

AI Analyst
Long-term Rental

"Well-located 2-bedroom apartment in Alicante’s Mercado area, built in 2000, with elevator and private patio. Strong rental demand due to proximity to Central Market and Avenida Alfonso El Sabio enhances its investment appeal."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathroom; furnish for higher rental yield
Pros
  • Prime central location near Central Market and major avenues
  • Modern building (2000) with elevator and good layout
  • Private patio and terrace increase tenant appeal
Cons
  • Sold unfurnished, requiring initial capital outlay for furnishings
  • Only one bathroom may limit appeal to some tenants
  • Split-unit air conditioning may be less efficient than central systems
Description

2-bedroom apartment on Velázquez street, next to Alicante's Central Market square. Two double bedrooms, both with built-in wardrobes. There is a third built-in wardrobe in the entrance hall. Separate living-dining room and kitchen with access to a private patio. The living-dining room and one of the bedrooms face Velázquez street. The second bedroom faces the apartment's patio, making it very quiet and peaceful. It has a full bathroom with a bathtub and a window overlooking the patio, providing natural light and ventilation. It has air conditioning via split units in the living-dining room and one of the bedrooms. Sold unfurnished. Building constructed in 2000. Excellent location next to Alicante's Central Market, a short distance from Avenida Alfonso El Sabio.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €235,000
Taxes (ITP 10%) + €23,500
Notary Fees + €1,974
Registry Fees + €752
Gestoría Fees + €705
Valuation + Other + €339

Total Investment €262,270
Est. Monthly Rent €1,148/mo
Est. Annual Rent €13,777/yr

Est. Yield 5.25%
Days on Market
223
First seen
2025-08-04
View on Idealista