Active
ID: 109794766
Mercado
Flat / apartment for sale in Calle Berenguer de Marquina, 7
3 Bed • 2 Bath • 101 m² • Floor 3
€275,000
AI Analyst
Long-term Rental"Central Alicante apartment with terrace and elevator offers immediate rental potential and strong tenant appeal, combining modern amenities with a prime location near Mercado for stable long-term returns."
Negotiation
Leverage
Balanced
Value Add
Minor cosmetic updates to maximize rental yield
Pros
- •Prime central location near Mercado, high tenant demand
- •Ready to move in, minimizing upfront renovation costs
- •Desirable features: terrace, elevator, exterior orientation
Cons
- •Rental yield is moderate relative to purchase price
- •Potential competition from similar central listings
- •Limited value-add opportunities for significant appreciation
Description
Opportunity, wonderful apartment for sale in the center of Alicante for €285000, ready to move in.
Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price
€275,000
+ Fees & Taxes
+ €31,854
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
€1,228/mo
Est. Annual Rent
€14,732/yr
Est. Yield
4.8%
High
(90 Comps)
Days on Market
198
First seen
2025-11-07