Alicante
Rental yield in San Fernando - Princesa Mercedes
San Fernando - Princesa Mercedes is an affordable area for Alicante, with an average rental yield and a Total Return in line with the city average. Here is what a typical flat in San Fernando - Princesa Mercedes costs to buy and rent, and the Total Return (IRR) it delivers, compared with the other areas of Alicante.
Sale price
2,353
€/m² · second-hand homes
Rent
11.6
€/m² per month · market rate
Gross yield
5.9%
annual rent ÷ price
Total Return
10.0%
10-year IRR · typical flat
Appreciation
+5.3%
a year, 10-15 year history
Cash flow
-€16
per month, year 1, after tax
What the data says
San Fernando - Princesa Mercedes is an area of Alicante. The reference sale price is €2,353/m², based on the Fotocasa index adjusted to transaction prices: 16% below the Alicante median (€2,802/m²). It ranks 15 of 21 neighbourhoods in Alicante by price.
The achievable market rent is around €11.6/m² per month (district figure adjusted to the neighbourhood's rent structure; idealista asking rents adjusted to achievable rent): about €1,044 a month for a typical 90 m² flat, with no legal cap. The gross yield (annual rent ÷ price) comes to 5.9%, 0.8 points above the city median (5.1%): rank 9 of 21 by gross yield.
With a 70% mortgage at 3.80% over 25 years and a sale after 10 years, the estimated Total Return (IRR) for that typical flat is 10.0%, in line with the Alicante median (9.8%). It takes about €84,708 of cash (deposit, taxes and costs), and first-year cash flow after tax is -€16 a month.
Asking prices in its district have grown by an average of 5.3% a year over the last 10 and 15 years (idealista, December 2025). Historical, not a forecast: it is the appreciation the modelled sale assumes.
A typical flat in San Fernando - Princesa Mercedes
The same standard assumptions as the CasaROI map: change the mortgage, term or tax profile in your account and the Total Return is recalculated for your case.
- Size
- 90 m²
- Purchase price
- €211,770
- Monthly rent
- €1,044
- Cash needed · deposit + transfer tax + costs
- €84,708
- Monthly cash flow (year 1)
- -€16
- Total Return (IRR)
- 10.0%
Assumptions: 70% mortgage over 25 years at 3.80%, sale after 10 years, Spanish tax resident at a 37% marginal rate, no renovation.
Nearest areas, ranked by gross yield
| Area | €/m² | Rent €/m² | Gross | IRR |
|---|---|---|---|---|
| Ciudad de Asís | 2,050 | 12.9 | 7.6% | 12.1% |
| Florida Alta | 1,832 | 11.1 | 7.3% | 11.6% |
| Alipark | 2,138 | 12.4 | 7.0% | 10.9% |
| Babel | 2,259 | 12.0 | 6.4% | 10.1% |
| San Fernando - Princesa Mercedes | 2,353 | 11.6 | 5.9% | 10.0% |
| Mercado | 2,802 | 12.7 | 5.4% | 9.8% |
| Florida Baja | 2,685 | 11.5 | 5.1% | 8.9% |
| Benalúa | 2,953 | 12.6 | 5.1% | 8.4% |
| Ensanche - Diputación | 3,366 | 12.2 | 4.3% | 7.3% |
Frequently asked questions
How much does a square metre cost in San Fernando - Princesa Mercedes?
€2,353/m² on average, based on the Fotocasa index adjusted to transaction prices. A typical 90 m² flat costs about €211,770, 16% below the Alicante median.
How much is rent in San Fernando - Princesa Mercedes?
Around €11.6/m² per month at market rates: €1,044 a month for a 90 m² flat, with no legal cap.
Is San Fernando - Princesa Mercedes a good buy-to-let investment?
The gross yield is 5.9% (Alicante median: 5.1%). With a 70% mortgage and a sale after 10 years, the estimated Total Return (IRR) is 10.0% against a city median of 9.8%. It depends on your financing and tax residency: with your own profile the number can change.
Is San Fernando - Princesa Mercedes in a stressed rental zone?
No. Alicante is not a declared stressed rental zone: rents are set by the market, with no legal cap.
Buying in San Fernando - Princesa Mercedes?
Paste the listing and we tell you whether it holds up at that price: legal rent, taxes, red flags and a verdict.
Sources and method
- Sale: Fotocasa · neighbourhood sale-price index (June 2026) · ÷1,13 a precio de transacción (calibrado vs registral Madrid/BCN)
- Rent: idealista · informe de alquiler por neighbourhood donde se publica, si no ancla del district/city (June 2026) ajustada a renta alcanzable (×0,95) con la estructura declarada SERPAVI del neighbourhood (Sistema Estatal de Índices 2024)
- Appreciation: average of the 10- and 15-year rates of the area's asking price — historical, not a forecast