Flat / apartment for sale in Mercado
3 Bed • 1 Bath • 92 m²
€219,000
AI Analyst
Long-term Rental"Well-located 92 m² apartment in Alicante’s Mercado area offers strong natural light, efficient layout, and renovation potential, making it a compelling value-add opportunity for investors seeking stable rental demand and long-term appreciation."
Pros
- •Excellent southeast orientation ensures abundant natural light
- •Low annual property tax (€191) and modest community fees (€41/month)
- •Strategic location near amenities, transport, and city center
Cons
- •Dated interior requires capital expenditure for modernization
- •Fourth-floor unit may limit appeal to some tenants despite elevator
- •Market context data unavailable, increasing uncertainty on price competitiveness
Description
Spacious 92 m2 Apartment with Southeast Orientation: Light, Space, and Potential Located on the quiet Maestro Bretón street, this fourth-floor apartment with an elevator stands out for its excellent luminosity and strategic location in a family-friendly area of Alicante. With a southeast orientation, the home enjoys sun for a large part of the day, creating a warm and welcoming atmosphere in all its rooms. Key Features of the Property: Surface Area: 92 m2 built (74 m2 useful) efficiently distributed. Social Area: Spacious living-dining room with access to two balconies that ensure perfect cross-ventilation. Bedrooms: 3 rooms (including two large double bedrooms). Condition: Well-maintained 1965 property. Although not original and ready to move into immediately, it offers an ideal canvas for a personalized renovation that will increase its value. Economy and Maintenance: This is an ideal property for those seeking reduced fixed expenses: IBI (Property Tax): Only €191 per year. Community Fees: €125 per quarter (approx. €41/month). Location and Services: Situated on a low-traffic street but surrounded by life: Steps away from supermarkets (Mercadona, Consum), pharmacies, and schools. Quick connection to the University of Alicante, the train station, and the A-70/A-77 highways. About a 15-20 minute walk to the city center. Note for investors and renovators: The current layout offers the possibility of reimagining the spaces (such as the kitchen and bathroom area) to create an open and modern concept, making the most of every square meter. IMPORTANT INFORMATION: The sale price does not include taxes, notary and registry fees, nor the professional fees of RE/MAX INMOMAS, which are borne by the buyer.