Active ID: 107647512 Centro Tradicional

Flat / apartment for sale in Centro Tradicional

4 Bed • 2 Bath • 170 m²

€650,000

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 Maritime Promenade. It is a very spacious home of 170 m2 built and is in good condition with several improvements. It has four bedrooms, two full bathrooms, a spacious living-dining room with a glazed front balcony and very beautiful clear views, you can even see the sea, a large, very well-equipped kitchen-diner, and a reinforced access door. The apartment is accessed through two doors, one from the living room and another from the kitchen. Excellent stately building with no architectural barriers, in a magnificent and highly sought-after area of the city and next to Postiguet Beach.

Features
Elevator
Terrace/Balcony
Air Conditioning
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 €2,066/mo
Est. Annual Rent €24,788/yr

Est. Yield 3.42%
Days on Market
1
First seen
2026-05-22
View on Idealista