Active ID: 108330760 Centro Tradicional

Flat / apartment for sale in Avenida Alfonso El Sabio, 27

2 Bed • 2 Bath • 83 m² • Floor 4

€295,000

AI Analyst
Long-term Rental

"Prime city-center apartment in Alicante with castle views, private parking, and concierge services offers strong appeal for professionals or holiday lets, leveraging its walkable location and modern amenities for stable rental demand."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms to increase rental yield
Pros
  • Central location with excellent walkability and transport links
  • Private parking and exclusive elevator access add value
  • Views of Santa Barbara castle and proximity to beach
Cons
  • Price per sqm is high for Alicante, limiting yield
  • Older building may require ongoing maintenance
  • Two-bedroom layout restricts coliving or larger group rental potential
Description

Excellent apartment for sale located on the emblematic Avenida de Alfonso X el Sabio, in the stately Centro Building, located in the heart of Alicante. It has areas, services and nearby connections (on foot), as it is located in the heart of the city, restaurants, shops, central market, town hall, bus and TRAM stops, RENFE station, old town (HISTORICAL CENTER), Santa Barbara castle, Postiguet beach etc.. . The property consists of a living-dining room with a balcony (magnificent views of Santa Barbara castle), kitchen, 2 bedrooms with 2 bathrooms (both en suite), hall and gallery. The official height is a 4th floor, but the actual height is a 7th floor, as the building has three mezzanine floors. The house is complemented by a parking space with a private elevator exclusively for owners. The community has a doorman/concierge service, video-monitored areas and garbage rooms on each floor. Excellent as a second vacation home or permanent residence. ONLY INDIVIDUALS. Agencies will not be attended to.

Features
Elevator
Terrace/Balcony
Air Conditioning
Parking
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €295,000
Taxes (ITP 10%) + €29,500
Notary Fees + €2,478
Registry Fees + €944
Gestoría Fees + €885
Valuation + Other + €339

Total Investment €329,146
Est. Monthly Rent €1,170/mo
Est. Annual Rent €14,044/yr

Est. Yield 4.27%
Days on Market
146
First seen
2025-10-08
View on Idealista