Active ID: 106078562 Centro Tradicional

Flat / apartment for sale in Calle Bazán, 39

3 Bed • 1 Bath • 80 m² • Floor 3

€300,000

AI Analyst
Long-term Rental

"Well-located 3-bedroom apartment in Alicante’s Centro-Tradicional offers stable rental demand and elevator access, but limited value-add opportunities and a modest yield may constrain upside for yield-focused investors."

Negotiation Leverage Balanced
Value Add Minor cosmetic updates (paint, fixtures)
Pros
  • Prime central location with strong tenant demand
  • Elevator access increases appeal and accessibility
  • Three bedrooms maximize rental flexibility
Cons
  • Gross yield (~5.1%) is moderate for the market
  • No terrace or outdoor space limits premium pricing
  • Private seller may complicate negotiation or due diligence
Description

I am a private individual. I do not deal with agencies.

Features
Elevator
Air Conditioning
Exterior
Investment Summary
Purchase Price €300,000
Taxes (ITP 10%) + €30,000
Notary Fees + €2,520
Registry Fees + €960
Gestoría Fees + €900
Valuation + Other + €339

Total Investment €334,719
Est. Monthly Rent €1,272/mo
Est. Annual Rent €15,260/yr

Est. Yield 4.56%
Days on Market
146
First seen
2025-10-08
View on Idealista