Active ID: 102175891 Centro Tradicional

Flat / apartment for sale in Centro Tradicional

4 Bed • 3 Bath • 333 m² • Floor 3

€889,900

AI Analyst
Long-term Rental

"Spacious 333 m² apartment in Alicante’s Centro Tradicional offers prime central location, large living areas, and significant value-add potential, making it attractive for investors seeking scale and repositioning opportunities in a supply-constrained urban market."

Negotiation Leverage Balanced
Value Add Modernize kitchen, update bathrooms, optimize layout for premium rental yields
Pros
  • Exceptional central location near transport, retail, and amenities
  • Large floor area (333 m²) with 4 bedrooms and 3 bathrooms, rare in city center
  • Bright, exterior-facing unit with terrace and elevator
Cons
  • High acquisition price relative to estimated rental yield
  • Requires modernization to achieve market-leading rents
  • Potential market risk if luxury segment demand softens
Description

Reference 17187G Extraordinary property in one of the best areas of the center of ALICANTE, which undoubtedly has a very good location just a few meters from the BUS, TRAM, El Corte Inglés, a few minutes from the sea, and a few meters from the entire commercial area. The careful construction and improvements make this property cozy, intimate, and very bright. It has an independent 22-square-meter kitchen plus a gallery and a huge pantry. It consists of 4 spacious bedrooms and 3 bathrooms. It has an extraordinary living room, exterior and very bright with views. It offers multiple possibilities for improvement throughout the home. It is surrounded by all possible services and transport links (pharmacy, health center, schools, high school, shops, parks, supermarkets, BUS, EL CORTE INGLÉS, etc.)! A luxury property in the most central area of ALICANTE. It is best to see it! This publication is merely informative, indicative, and non-binding, so it does not constitute any contractual information, and its use is strictly commercial. This advertisement may contain errors; it is shown for informational purposes based on the information received, and the real estate agency is not responsible for such errors. Reference 3728 Magnificent villa with a large plot in a quiet area of MUTXAMEL, with a perfect location and clear mountain views. Very well connected and next to all services and commercial areas. The house is completely exterior, bright, and very spacious. It has a 9,100 m2 plot that is perfectly fenced, with storage areas and a kitchen-dining room in an independent building with great possibilities. The careful, solid, and quality construction, as well as its location, layout, and EXCELLENT CONDITION, make it a cozy, comfortable, and EXCLUSIVE property with great potential. It has a complete independent kitchen-diner (2 in the whole house), bright and very spacious, very well connected and with an exterior gallery. It consists of 5 spacious bedrooms with built-in wardrobes (6 in the whole house) and 2 full bathrooms (the main one is double and en-suite). Large and bright 40 m2 exterior living room with a fireplace, 2 areas, and 2 orientations, connected to the large porch terrace of the house. It has a large garage with capacity for several vehicles, 2 storage rooms, and a basement. The property is in excellent condition, has optimal construction qualities, and features split air conditioning with a heat pump, armored door, mosquito nets, security bars, awnings, solid oak carpentry, polished terrazzo floors, and double-glazed aluminum windows, among other improvements. The villa is surrounded by a privileged and quiet environment. It is worth remembering its PRIVACY AND AT THE SAME TIME its proximity to all possible services, as well as its proximity to the urban center and its excellent communications. A property with great possibilities, in magnificent condition, with optimal qualities, a large plot, and a good location. It is best to see it! This publication is merely informative, indicative, and non-binding, so it does not constitute any contractual information, and its use is strictly commercial. This advertisement may contain errors; it is shown for informational purposes based on the information received, and the real estate agency is not responsible for such errors. Informative note in accordance with Art. 20 TRLGDCU: The published sale price does not constitute a binding offer and does not include the expenses and taxes derived from the sale. The transaction may be subject to ITP (Property Transfer Tax) and/or VAT. Additional costs for Notary, Property Registry, and Appraisal must be estimated. Real estate fees are paid by the seller.

Features
Elevator
Terrace/Balcony
Air Conditioning
Parking
Exterior
Investment Summary
Purchase Price €889,900
Taxes (ITP 10%) + €88,990
Notary Fees + €7,475
Registry Fees + €2,848
Gestoría Fees + €2,670
Valuation + Other + €339

Total Investment €992,221
Est. Monthly Rent €2,670/mo
Est. Annual Rent €32,036/yr

Est. Yield 3.23%
Low (Estimated)
Days on Market
323
First seen
2025-10-08
View on Idealista