Active ID: 109780976 Centro Tradicional

Flat / apartment for sale in Avenida Alfonso El Sabio

3 Bed • 2 Bath • 80 m² • Floor 12

€495,000

↓ 5.7% from €525,000
€495,000 2026-02-08
€525,000 2025-11-06
AI Analyst
Long-term Rental

"Fully renovated 3-bedroom apartment in Alicante’s Centro-Tradicional, offering panoramic castle and sea views, modern finishes, and immediate move-in potential—ideal for investors seeking prime urban assets with strong rental demand."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Prime central location with iconic views of Santa Bárbara Castle and the Mediterranean
  • Fully renovated, modern layout—no immediate capex required
  • Strong rental demand in sought-after urban area, close to amenities and transport
Cons
  • Gross rental yield is modest (~3.3%), limiting cash-on-cash returns
  • No terrace or outdoor space, which may limit appeal for some tenants
  • Premium pricing for location may constrain future capital appreciation
Description

Located in one of Alicante's most emblematic areas, this magnificent apartment combines comfort, brightness, and unbeatable views of Santa Bárbara Castle and the sea. Its privileged location, next to the Central Market and just a few minutes from the historic center, makes it a unique opportunity for those seeking quality of life and exclusivity. With three bedrooms, two full bathrooms, and a modern layout, this home offers spacious, functional, and naturally lit spaces, ideal for both a permanent residence and an investment in one of the city's most sought-after areas. The apartment, entirely exterior, stands out for its orientation, which allows for constant brightness throughout the day, and for its impressive views of the Castle and the Mediterranean. It features a spacious and cozy living room, a fully equipped kitchen, three bedrooms—one double and two single—and two full bathrooms. Quality finishes include built-in wardrobes, electric shutters, and a heat pump heating system, ensuring comfort and efficiency. The building has an elevator, and the apartment has been completely renovated and is ready to move into. Its surroundings offer all the necessary services: shops, public transport, leisure areas, and restaurants. With a built area of 80 m² and a functional design, this home represents an excellent option to enjoy the urban charm of Alicante without sacrificing sea views. *This document is purely informative, orientative, and non-binding, and therefore does not constitute any contractual information, its use being strictly commercial. *.

Features
Elevator
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €495,000
Taxes (ITP 10%) + €49,500
Notary Fees + €4,158
Registry Fees + €1,584
Gestoría Fees + €1,485
Valuation + Other + €339

Total Investment €552,066
Est. Monthly Rent €1,362/mo
Est. Annual Rent €16,347/yr

Est. Yield 2.96%
Days on Market
163
First seen
2025-11-06
View on Idealista