Active ID: 107129156 Centro Tradicional

Penthouse for sale in Centro Tradicional

4 Bed • 2 Bath • 145 m² • Floor 7

€850,000

AI Analyst
Long-term Rental

"Modern penthouse in Alicante’s Centro Tradicional offers 4 bedrooms, premium finishes, a 20 m² terrace, and parking. Prime location near the marina and beach enhances both lifestyle appeal and long-term rental demand."

Negotiation Leverage Balanced
Value Add Minor cosmetic upgrades to kitchen and bathrooms for premium positioning
Pros
  • Prime central location near marina and beach
  • Modern construction (2008) with high-quality finishes
  • Includes parking spaces, rare for city center
Cons
  • Gross rental yield is modest for the price segment
  • Potential oversupply risk in high-end city center apartments
  • Limited value-add opportunities beyond minor upgrades
Description

We present this penthouse located on Rambla Méndez Núñez, situated in the traditional Center of Alicante. Property built in 2008 with a surface area of 165 m2, of which 125 m2 are usable, distributed in 4 bedrooms, equipped kitchen, 2 bathrooms, and includes a 20 m2 terrace. Excellent qualities with a security door, Italian marble flooring in the living room and hallway, and parquet in the bedrooms, aluminum/climalit exterior carpentry and oak interior carpentry, built-in wardrobes, ducted air conditioning. The building has an elevator. PARKING SPACES IN THE SAME BUILDING INCLUDED IN THE PRICE. Apartment very well located a few meters from the Marina and the beach. Area equipped with all services such as urban transport (buses and TRAM), supermarkets, pharmacies, etc. REAL ESTATE MANAGEMENT AND INVESTMENT PRODUCTS. YOUR TRUSTED REAL ESTATE AGENCY Find more at.

Features
Elevator
Terrace/Balcony
Air Conditioning
Parking
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €850,000
Taxes (ITP 10%) + €85,000
Notary Fees + €7,140
Registry Fees + €2,720
Gestoría Fees + €2,550
Valuation + Other + €339

Total Investment €947,749
Est. Monthly Rent €1,768/mo
Est. Annual Rent €21,218/yr

Est. Yield 2.24%
Days on Market
146
First seen
2025-10-08
View on Idealista