Active ID: 107827532 Casco Histórico

Flat / apartment for sale in Calle Mayor

3 Bed • 1 Bath • 93 m² • Floor 3

€298,000

AI Analyst
Long-term Rental

"Prime Old Town Alicante apartment with high ceilings, antique features, and a sunny balcony. Located steps from the beach and cultural attractions, this 3-bedroom flat offers strong year-round rental appeal and value in a sought-after pedestrian area."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathroom while preserving original features
Pros
  • Prime location in Alicante's historic center near beach and amenities
  • Attractive period features and high ceilings enhance rental appeal
  • Elevator and terrace increase desirability for tenants
Cons
  • Single bathroom may limit appeal for larger households
  • Potential need for modernization to maximize rental yield
  • Historic building may have higher maintenance costs
Description

Charming third-floor apartment for sale on Calle Mayor in Alicante's Old Town. The apartment has a usable area of 95 m2, enjoys plenty of natural light and lovely views, is comprised of an entrance hall, a spacious living room with a sunny balcony, a large kitchen with dining area, three bedrooms, a large dressing room and a full bathroom with external window. It boasts high ceilings and retains many of the orignal antique features, as well as wooden exterior doors and windows. This is an interesting investment for someone who wishes to obtain a good year-round rental income. The building is on the corner of a cobbled pedestrian street, surrounded by numerous historic buildings and museums, and just a few minutes' walk from Alicante's Postiguet beach. Restaurants, services, and public transport facilities are all nearby. This is a quiet and popular area in the heart of the city, a prime location for Alicante's architectural, cultural, and historical attractions.

Features
Elevator
Terrace/Balcony
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €298,000
Taxes (ITP 10%) + €29,800
Notary Fees + €2,503
Registry Fees + €954
Gestoría Fees + €894
Valuation + Other + €339

Total Investment €332,490
Est. Monthly Rent €1,326/mo
Est. Annual Rent €15,912/yr

Est. Yield 4.79%
Days on Market
78
First seen
2025-12-16
View on Idealista