Delisted ID: 108517833 Mercado

Flat / apartment for sale in Calle Pablo Iglesias

2 Bed • 2 Bath • 111 m² • Floor 0

€169,000

AI Analyst
Long-term Rental

"Centrally located 100 m² mezzanine in Alicante’s Mercado area, with change of use to residential already approved. Offers strong value-add potential through renovation, benefiting from proximity to transport, shops, and the Central Market."

Negotiation Leverage Balanced
Value Add Full interior renovation to modern standards
Pros
  • Prime central location near amenities and transport
  • Change of use to residential already approved, reducing legal risk
  • Elevator in building enhances accessibility
Cons
  • Requires full renovation, increasing upfront capital outlay
  • No terrace or outdoor space, limiting appeal to some tenants
  • Fees not included in price, impacting total acquisition cost
Description

Opportunity in the center of Alicante! Mezzanine of 100 m2 for sale to renovate, with change of use to housing already approved, ideal for investment or to create your custom home. ? Located on Calle Pablo Iglesias, just a step away from Avenida Alfonso el Sabio and the Central Market. Central area, with all services, public transport and shops within reach. ? The building is well maintained and has an elevator. Change of use to housing approved 100 m2 built To reform to your liking Excellent central location FEES NOT INCLUDED! A property with great potential in one of the most sought-after areas of Alicante. ? For more information or visits, do not hesitate to contact us.

Features
Elevator
Exterior
Investment Summary
Purchase Price €169,000
Taxes (ITP 10%) + €16,900
Notary Fees + €1,420
Registry Fees + €541
Gestoría Fees + €507
Valuation + Other + €339

Total Investment €188,706
Est. Monthly Rent €1,256/mo
Est. Annual Rent €15,069/yr

Est. Yield 7.99%
Days on Market
219
First seen
2025-08-04
View on Idealista