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 spaces, and strong connectivity, making it a compelling asset for value-add investors seeking urban rental demand."

Negotiation Leverage Balanced
Value Add Modernize kitchen, update bathrooms, refresh interiors for premium rental yield
Pros
  • Exceptional central location near transport, shopping, and the sea
  • Large floor area (333 m²) with 4 bedrooms and 3 bathrooms
  • Bright, exterior unit with terrace and elevator
Cons
  • High acquisition price relative to estimated rental yield
  • Likely requires significant modernization to maximize value
  • Potential market saturation in central Alicante rental segment
Description

Reference 17187G EXTRAORDINARY APARTMENT in one of the best areas of the center of ALICANTE and that undoubtedly has a very good location just a few meters from the BUS, TRAM, 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 kitchen of 22 square meters plus a gallery and a huge pantry. It consists of 4 large bedrooms and 3 bathrooms. It consists of an extraordinary living room, exterior and very bright with views. It has multiple possibilities for improvement throughout the house. It is surrounded by all possible services and communication (pharmacy, health center, schools, institute, commerce, parks, supermarkets, BUS, CORTE INGLÉS, etc. )! A luxury property in the most central area of ALICANTE. It is better to see it. ! This publication is for informational, indicative and non-binding purposes only, so it does not imply any contractual information, its use being strictly commercial. This advertisement may contain errors, it is shown for informational purposes of the information received, without the real estate agency being responsible for said errors.

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
191
First seen
2025-10-08
View on Idealista