Active ID: 109534205 Centro Tradicional

Flat / apartment for sale in Calle Colon

4 Bed • 2 Bath • 115 m² • Floor 1

€324,000

AI Analyst
Long-term Rental

"Spacious, fully renovated 4-bedroom apartment in Alicante’s prime Centro-Tradicional district, offering strong natural light, modern amenities, and flexible use for residential or professional purposes. Turnkey condition and central location enhance both rental and resale appeal."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Prime city-center location with high demand for rentals and professional use
  • Fully renovated kitchen and bathrooms, minimizing immediate capex
  • Flexible layout with four exterior bedrooms and large living area
Cons
  • First-floor position may limit views and privacy compared to higher floors
  • Rental yield (~5.9% gross) is moderate for the price point
  • Potential noise due to central, high-traffic location
Description

Living or working in the heart of Alicante: spaciousness, light, and style in the heart of Carrer Colón. In the most emblematic center of Alicante, on the elegant Carrer Colón, is this bright and spacious corner apartment located on the first floor with an elevator, ideal for both residential and professional use. Its strategic location, at the confluence of two of the city's most dynamic and commercial streets, makes it a unique opportunity for those seeking a vibrant urban life or a workspace with character and presence. It is the perfect opportunity for those who want to create a custom home or develop a professional project with its own character in one of the most sought-after areas of the city. The apartment has a balanced and functional distribution that maximizes every corner. It has four exterior bedrooms, a large 35 m² living room full of natural light, two fully renovated bathrooms, and two balconies with open views of the city, where you can enjoy the atmosphere and energy of the center. The square design of the house favors a feeling of spaciousness and harmony, with bright and airy rooms that invite comfort. The interior rooms enjoy excellent cross-ventilation, which guarantees freshness and well-being throughout the year. The property has been updated with high-quality materials: doors and windows with quadruple glazing that ensure perfect thermal and acoustic insulation, reducing energy consumption. The fully renovated kitchen combines elegance and functionality with custom-made furniture, marble countertops, and modern appliances, ready to be used without the need for renovations. The building has an elevator, and community fees and taxes are low, which provides comfortable and economical maintenance.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €324,000
Taxes (ITP 10%) + €32,400
Notary Fees + €2,722
Registry Fees + €1,037
Gestoría Fees + €972
Valuation + Other + €339

Total Investment €361,469
Est. Monthly Rent €1,583/mo
Est. Annual Rent €19,000/yr

Est. Yield 5.26%
Days on Market
143
First seen
2025-10-11
View on Idealista