Active ID: 101025010 Centro Tradicional

Flat / apartment for sale in Centro Tradicional

4 Bed • 4 Bath • 180 m² • Floor 1

€850,000

↑ 17.2% from €725,000
€850,000 2026-04-13
€725,000 2025-10-08
AI Analyst
Long-term Rental

"Dual-unit property in Alicante’s Centro Tradicional offers flexible rental strategies, modern interiors, and prime walkable location, maximizing both yield and tenant demand in a vibrant urban setting."

Negotiation Leverage Balanced
Value Add Minor cosmetic upgrades to further differentiate units
Pros
  • Prime city-center location with high rental demand
  • Two independent apartments maximize rental flexibility and income streams
  • Modern layout and features (elevator, terrace, exterior) appeal to quality tenants
Cons
  • High entry price relative to estimated rental yield
  • Potential noise and congestion typical of central urban areas
  • Limited value-add opportunities beyond minor upgrades
Description

TWO APARTMENTS IN THE HEART OF ALICANTE Imagine living in the heart of Alicante, in one of the most emblematic and famous streets of the city. This unique home is located in one of the most vibrant and lively areas of the city, where you can enjoy a wide variety of services and entertainment options right outside your door. The property has been divided into two completely independent apartments, each with its own private entrance. Each apartment has two bedrooms, two bathrooms and a spacious living room with an open kitchen and large windows that allow natural light to enter and offer views. Whether you are looking for a home to live in yourself or want to invest in a property that you can rent out long term, this is a unique opportunity. The apartments have a modern and functional distribution, perfect to adapt to different lifestyle needs. In addition, its privileged location allows you to access all the services and amenities you need to live comfortably.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €850,000
Taxes (ITP 10%) + €85,000
Notary Fees + €7,140
Registry Fees + €2,720
Gestoría Fees + €2,550
Valuation + Other + €339

Total Investment €947,749
Est. Monthly Rent €2,340/mo
Est. Annual Rent €28,080/yr

Est. Yield 3.47%
Days on Market
245
First seen
2025-10-08
View on Idealista