Active ID: 105739306 Centro Tradicional

Flat / apartment for sale in Calle Gerona, 1

4 Bed • 2 Bath • 155 m² • Floor 3

€565,000

AI Analyst
Long-term Rental

"Fully renovated 4-bedroom apartment in Alicante’s prestigious La Adriática building, featuring high ceilings, modern finishes, and panoramic views, just 600m from the beach and surrounded by top amenities and transport links."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Prime central location with strong tenant demand
  • Completely renovated, minimizing immediate capex
  • Flexible layout with potential for home office or coliving
Cons
  • Gross rental yield below 4% limits cash flow
  • Premium pricing for the area may cap appreciation
  • HOA fees and property taxes likely to be high in historic building
Description

TOWNHOUSE ON GIRONA STREET Discover this incredible residence with a usable area of 133m2 and high ceilings in one of the most renowned areas of Alicante, in the iconic building "La Adriática", located on the corner of Rambla Méndez Núñez. This location is unbeatably central, with access to the best entertainment options and a variety of restaurants, cafes, and shops at your disposal. Additionally, enjoy excellent public transportation connections, including buses, trams, trains, and the national route N-332. The beach is just 600 meters away, offering stunning views of the impressive Santa Bárbara Castle. The property has been completely renovated, offering spacious and modern spaces with natural wood floors, high ceilings, central air conditioning, smooth walls, and white lacquered doors. The furniture is in a modern style, and each room features custom-made wooden built-in wardrobes with ample storage space. Furthermore, high-quality windows with double glazing and tilt mechanism ensure a quiet and insulated living environment. Upon entering the apartment, you are welcomed by a hallway leading to a bedroom on the right, perfect for use as an office - it even has a separate entrance from the building's staircase. Continuing along the hallway, you will find three additional bedrooms on the left, while on the right, there is a fully equipped kitchen with modern appliances and two bathrooms with porcelain tile floors, one with a bathtub and the other with a shower cabin. At the end of the hallway, the living and dining room will surprise you with its brightness thanks to the large windows and panoramic views, as well as a dining area. With limited availability in this neighborhood, this modern and inviting residence offers a unique opportunity for those seeking the best in quality of life and wanting to live in the most exclusive area of the city. Contact us today to arrange a viewing! Real Estate Agent Registration Number: 692 Valencian Community Real Estate Agents Registry: 1862.

Features
Elevator
Terrace/Balcony
Exterior
Investment Summary
Purchase Price €565,000
Taxes (ITP 10%) + €56,500
Notary Fees + €4,746
Registry Fees + €1,808
Gestoría Fees + €1,695
Valuation + Other + €339

Total Investment €630,088
Est. Monthly Rent €1,866/mo
Est. Annual Rent €22,387/yr

Est. Yield 3.55%
Days on Market
146
First seen
2025-10-08
View on Idealista