Active ID: 109489390 Centro Tradicional

Flat / apartment for sale in Calle Castaños, 5

2 Bed • 2 Bath • 98 m² • Floor 1

€360,000

AI Analyst
Long-term Rental

"Fully renovated 2-bedroom apartment in Alicante’s Centro-Tradicional, offering high-quality finishes, flexible kitchen customization, and an optional parking space—ideal for urban professionals seeking modern comfort and city connectivity."

Negotiation Leverage Balanced
Value Add Complete kitchen installation to buyer’s taste; potential to furnish for premium rental
Pros
  • Prime central location with strong rental demand
  • High-quality renovation and buyer customization option
  • Optional parking—a rare asset in city center
Cons
  • Rental yield (~4%) is moderate for the price point
  • No terrace or outdoor space limits appeal to some tenants
  • Parking space incurs significant extra cost (€30,000)
Description

Discover this bright, fully renovated apartment with an unbeatable location in the heart of the city. It has 2 bedrooms (plus an additional room, ideal as an office or multipurpose room) and 2 modern bathrooms, one of them en suite, offering the perfect balance between comfort and functionality. The property has been renovated with high-quality materials and has a very special extra: the buyer will be able to choose the kitchen finishes to their liking, to completely adapt it to their lifestyle. Additionally, there will be an option for a parking space in Central Park for an SUV car for €30,000. If you are looking to live in the center, surrounded by services, shops and the best connection to the entire city, this is your opportunity.

Features
Elevator
Air Conditioning
Parking
Exterior
Investment Summary
Purchase Price €360,000
Taxes (ITP 10%) + €36,000
Notary Fees + €3,024
Registry Fees + €1,152
Gestoría Fees + €1,080
Valuation + Other + €339

Total Investment €401,595
Est. Monthly Rent €1,219/mo
Est. Annual Rent €14,626/yr

Est. Yield 3.64%
Days on Market
146
First seen
2025-10-08
View on Idealista