Active ID: 107647512 Centro Tradicional

Flat / apartment for sale in Centro Tradicional

4 Bed • 2 Bath • 170 m² • Floor 7

€640,000

↓ 1.5% from €650,000
€640,000 2026-09-17
€650,000 2026-05-22
AI Analyst
Long-term Rental

"Spacious 170 m² apartment in Centro Tradicional offers sea views, four bedrooms, and proximity to the marina and Postiguet Beach, making it a prime asset for stable long-term rental demand in a sought-after urban location."

Negotiation Leverage Balanced
Value Add Modernize bathrooms and update finishes for premium positioning
Pros
  • •Prime central location near marina and beach
  • •Large size (170 m²) with four bedrooms, suitable for families or professionals
  • •Good building amenities including elevator and terrace
Cons
  • •High entry price relative to estimated rental yield
  • •Potential for higher maintenance costs due to size and age
  • •Limited value-add opportunities beyond cosmetic upgrades
Description

Extraordinary area of the city next to the Marina and the Promenade. This is a very spacious property with 170 m2 of built area, in good condition with several improvements. It features four bedrooms, two full bathrooms, a spacious living-dining room with a glazed front balcony and very beautiful, unobstructed views, including a view of the sea, a large, well-equipped kitchen-diner, and a reinforced entrance door. The apartment is accessed through two doors, one via the living room and the other via the kitchen. Excellent stately building with no architectural barriers, located in a magnificent and highly sought-after area of the city, right next to Postiguet Beach.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €640,000
Taxes (ITP 10%) + €64,000
Notary Fees + €5,376
Registry Fees + €2,048
Gestoría Fees + €1,920
Valuation + Other + €339

Total Investment €713,683
Est. Monthly Rent €2,057/mo
Est. Annual Rent €24,689/yr

Est. Yield 3.46%
Days on Market
143
First seen
2026-05-22
View on Idealista