Delisted ID: 107323245 Mercado

Flat / apartment for sale in Mercado

4 Bed • 2 Bath • 150 m² • Floor 0

€242,000

AI Analyst
Holiday Rental

"Spacious 150m² apartment in Alicante’s Mercado district offers strong value-add potential, with scope for tourist licensing and full renovation to unlock higher yields in a prime city-center location."

Negotiation Leverage Balanced
Value Add Full interior renovation to modern standards; apply for tourist license; optimize layout for short-term stays.
Pros
  • Prime central location near Central Market
  • Large floor area with flexible layout
  • Potential for tourist license increases revenue options
Cons
  • Requires complete renovation, increasing upfront costs
  • Uncertainty around tourist license approval
  • Older building may have hidden structural or compliance issues
Description

GREAT OPPORTUNITY IN THE CENTER OF ALICANTE! POSSIBILITY OF TOURIST LICENSE Spacious apartment for sale to renovate, right behind the Central Market. A home with great potential thanks to its spaciousness and distribution: 3 bedrooms 2 private patios To be completely renovated: personalize it to your liking Unbeatable location, in the heart of Alicante Possibility of tourist license: ideal for investment Perfect as a family home If you are looking for a property with character, a privileged location and multiple options for use, this apartment is for you! Contact us for more information or to arrange a visit.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €242,000
Taxes (ITP 10%) + €24,200
Notary Fees + €2,033
Registry Fees + €774
Gestoría Fees + €726
Valuation + Other + €339

Total Investment €270,072
Est. Monthly Rent €1,380/mo
Est. Annual Rent €16,558/yr

Est. Yield 6.13%
Days on Market
197
First seen
2025-08-04
View on Idealista