Active ID: 109721890 Centro Tradicional

Flat / apartment for sale in Calle Castaños

3 Bed • 1 Bath • 101 m² • Floor 3

€315,000

AI Analyst
Long-term Rental

"Recently renovated, move-in ready corner apartment in Alicante’s Centro-Tradicional, offering high-quality finishes, abundant natural light, and a prime location with all amenities nearby—an attractive asset for stable, long-term rental demand."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Prime central location with strong rental demand
  • Fully renovated and in excellent condition
  • All exterior-facing with abundant natural light
Cons
  • Converted from 3 to 2 bedrooms, limiting occupancy flexibility
  • Single bathroom may reduce appeal for sharers or families
  • Rental yield (~5.2% gross) is moderate for the area
Description

Fantastic corner apartment, all exterior-facing, in an excellent location in the heart of Alicante, with all amenities within walking distance. In perfect condition with high-quality finishes, ready to move in. Recently renovated and up-to-date. Very bright with large double-glazed windows with blinds, wooden interior doors, marble floors, air conditioning, etc. It comprises a large entrance hall, currently two bedrooms (previously three), a living-dining room with an adjoining room, a large kitchen, a bathroom with a shower, and a corner balcony overlooking two streets. Ideal for year-round living and a great opportunity for investors.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €315,000
Taxes (ITP 10%) + €31,500
Notary Fees + €2,646
Registry Fees + €1,008
Gestoría Fees + €945
Valuation + Other + €339

Total Investment €351,438
Est. Monthly Rent €1,363/mo
Est. Annual Rent €16,361/yr

Est. Yield 4.66%
Days on Market
117
First seen
2025-11-06
View on Idealista