Active ID: 105952635 Centro Tradicional

Flat / apartment for sale in Avenida del Doctor Gadea

3 Bed • 2 Bath • 150 m² • Floor 7

€650,000

AI Analyst
Long-term Rental

"Prime 150 m² apartment in Alicante’s Centro-Tradicional, offering sea views, abundant natural light, and a large garage—an attractive asset for investors seeking value in a central, high-demand location with modernization potential."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms to increase rental yield and market value.
Pros
  • Excellent central location near promenade and amenities
  • Sea views and high luminosity from 7th floor, southwest orientation
  • Large garage space included, rare in city center
Cons
  • D-rated energy efficiency may deter some tenants or buyers
  • Requires modernization to achieve premium rents
  • Monthly rent yields a gross return below 4%, limiting short-term upside
Description

Unique opportunity in Alicante! This spectacular 150 m² apartment offers you a privileged location just steps from the promenade, Canalejas Park and El Corte Inglés. Ideal for those looking to live in the heart of the city with all the comforts. The property has 3 large bedrooms, 2 full bathrooms and built-in wardrobes, offering great spaciousness and options to reform and modernize to your liking. It is worth noting the beautiful views of the sea and the great luminosity of the house Located on the 7th floor of a building with an elevator, this exterior apartment has a south-west orientation that guarantees luminosity throughout the day. In addition, it is suitable for people with reduced mobility and is equipped with heating and air conditioning by means of a heat/cold pump. The large garage space is included in the price, which adds extra value to this magnificent home. In good condition and with an energy class D, this apartment is a perfect option for both families and investors. Don't miss the opportunity to live in one of the best areas of Alicante. Come visit it and discover your new home!

Features
Elevator
Terrace/Balcony
Air Conditioning
Parking
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €650,000
Taxes (ITP 10%) + €65,000
Notary Fees + €5,460
Registry Fees + €2,080
Gestoría Fees + €1,950
Valuation + Other + €339

Total Investment €724,829
Est. Monthly Rent €2,062/mo
Est. Annual Rent €24,750/yr

Est. Yield 3.41%
Days on Market
138
First seen
2025-10-16
View on Idealista