Active ID: 109670939 Centro Tradicional

Flat / apartment for sale in Centro Tradicional

3 Bed • 2 Bath • 119 m²

€550,000

AI Analyst
Long-term Rental

"Elegant, high-ceiling 3-bedroom apartment in Alicante’s Centro Tradicional, offering premium finishes, a balcony with architectural views, and a prime pedestrian street location just 400m from the sea—ideal for urban lifestyle seekers and investors."

Negotiation Leverage Balanced
Value Add Minor cosmetic upgrades or furnishing for premium rental yield
Pros
  • Prime central location near amenities and the sea
  • High-quality finishes and modern integrated kitchen
  • Balcony with attractive views on a quiet pedestrian street
Cons
  • Gross rental yield below 3.5%, limiting cash flow
  • Potential for higher vacancy due to premium pricing
  • Older building may entail higher maintenance costs
Description

Charming HIGH CEILING apartment in the heart of ALICANTE'S TRADITIONAL CENTER Live the essence of the center with all amenities at your fingertips. This elegant apartment combines a privileged location, brightness, and high-quality details. Main features: - 3 bedrooms, one of them a SUITE WITH WALK-IN CLOSET - Spacious LIVING-DINING ROOM with a fully equipped designer INTEGRATED KITCHEN with high-quality appliances. - BALCONY OVERLOOKING A PEDESTRIAN STREET, with beautiful architectural views Only 50 METERS FROM A MAJOR AVENUE and STEPS FROM THE MAIN THEATER 400 METERS FROM THE SEA, very close to the MARKET. FINE FINISHES AND CAREFUL DECORATION A charming home, ideal for those looking to enjoy Alicante's urban lifestyle, with the Mediterranean just a few minutes' walk away. UNBEATABLE LOCATION — surrounded by services, restaurants, and cultural areas, but on a pedestrian street that guarantees calm and brightness. Don't miss the opportunity to visit it.

Features
Elevator
Terrace/Balcony
Exterior
Investment Summary
Purchase Price €550,000
Taxes (ITP 10%) + €55,000
Notary Fees + €4,620
Registry Fees + €1,760
Gestoría Fees + €1,650
Valuation + Other + €339

Total Investment €613,369
Est. Monthly Rent €1,552/mo
Est. Annual Rent €18,625/yr

Est. Yield 3.04%
Days on Market
228
First seen
2025-10-25
View on Idealista