Active ID: 109674197 Centro Tradicional

Flat / apartment for sale in Avenida Alfonso El Sabio

3 Bed • 2 Bath • 105 m² • Floor 9

€480,000

AI Analyst
Long-term Rental

"Fully renovated 3-bedroom apartment on a high floor in Alicante’s prime Centro-Tradicional, offering abundant natural light, unobstructed city views, and modern amenities—positioned for stable long-term rental demand and capital preservation."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Prime central location with strong rental demand
  • Completely renovated, minimizing immediate capex
  • High floor with unobstructed views and abundant light
Cons
  • Gross rental yield is modest for the price point
  • No terrace or direct sea views, limiting premium appeal
  • Potential for higher community fees due to doorman and elevators
Description

Redpiso exclusively offers a home located on the 9th floor with an elevator, featuring 130m2 of usable space, 3 bedrooms, 2 bathrooms, a spacious living room, and a kitchen with a utility room. The property has been completely renovated. It is located at one of the most important corners of the city, specifically on Avenida Alfonso El Sabio and Avenida Rambla Méndez Núñez. It boasts unobstructed views (partially of Santa Barbara Castle and not directly of the sea). The home benefits from abundant natural light, being almost entirely exterior. The building has a doorman, disabled access, and two elevators. If you are purchasing with a mortgage, we have a financial intermediation department called DCredict. We work with all national banks to find you the best market conditions available today.

Features
Elevator
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €480,000
Taxes (ITP 10%) + €48,000
Notary Fees + €4,032
Registry Fees + €1,536
Gestoría Fees + €1,440
Valuation + Other + €339

Total Investment €535,347
Est. Monthly Rent €1,409/mo
Est. Annual Rent €16,910/yr

Est. Yield 3.16%
Days on Market
141
First seen
2025-10-26
View on Idealista