Delisted ID: 109538973 Mercado

Flat / apartment for sale in Calle Calderón de la Barca, 4

4 Bed • 2 Bath • 117 m² • Floor 5

€230,000

↓ 3.0% from €237,000
€230,000 2026-03-02
€237,000 2025-10-11
AI Analyst
Long-term Rental

"Spacious 117 m² apartment in Alicante’s vibrant Mercado area, featuring four bedrooms, two baths, and a balcony with market views. Prime central location offers strong rental demand, but requires full renovation to unlock value and maximize returns."

Negotiation Leverage Balanced
Value Add Full interior renovation to modern standards; potential to reconfigure layout for higher rental yield.
Pros
  • Prime city-center location with high rental demand
  • Large size and flexible layout for families or sharers
  • Elevator and optional garage add tenant appeal
Cons
  • Requires complete renovation, increasing upfront costs
  • Older building may have hidden maintenance issues
  • Rental yield is moderate unless value-add is executed
Description

Unbeatable location! This spacious 117 m2 apartment is located right in front of the Central Market, one of the most emblematic and lively areas in the center of Alicante. It has four bedrooms (three doubles and one single), two bathrooms, and a bright 22 m2 living-dining room with access to an outdoor balcony and clear views of the market. The property needs a complete renovation, allowing for the design of a modern and personalized layout according to each client's needs. The building has an elevator and the property includes an optional independent garage for a medium-sized vehicle. Just a 5-minute walk from Plaza de los Luceros, and with excellent public transport connections, shops, restaurants, and all services at street level. A great opportunity to live or invest in the heart of Alicante. IBI: €260/ANNUAL COMMUNITY: €40/MONTHLY TRASH: €106/ANNUAL.

Features
Elevator
Terrace/Balcony
Air Conditioning
Parking
Exterior
Investment Summary
Purchase Price €230,000
Taxes (ITP 10%) + €23,000
Notary Fees + €1,932
Registry Fees + €736
Gestoría Fees + €690
Valuation + Other + €339

Total Investment €256,697
Est. Monthly Rent €1,202/mo
Est. Annual Rent €14,424/yr

Est. Yield 5.62%
Days on Market
149
First seen
2025-10-11
View on Idealista