Active ID: 109780976 Centro Tradicional

Flat / apartment for sale in Avenida Alfonso El Sabio

3 Bed • 2 Bath • 80 m² • Floor 12

€450,000

↓ 14.3% from €525,000
€450,000 2026-05-19
€495,000 2026-02-08
€525,000 2025-11-06
AI Analyst
Long-term Rental

"Fully renovated 3-bedroom apartment in Alicante’s prime Centro-Tradicional area, offering panoramic castle and sea views, modern finishes, and immediate move-in potential—ideal for investors seeking a turnkey asset in a high-demand urban location."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Prime central location with strong tenant demand
  • Fully renovated and move-in ready, minimizing capex
  • Unobstructed views of Santa Bárbara Castle and the sea
Cons
  • Gross rental yield is moderate (~3.3%) for the price point
  • No terrace or outdoor private space, limiting appeal for some tenants
  • Premium pricing may limit upside appreciation in the near term
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 primary residence and an investment in one of the city's most sought-after areas. The completely exterior apartment stands out for its orientation, which allows for constant brightness throughout the day, and 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 singles—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 necessary services: shops, public transport, leisure areas, and restaurants. With a constructed 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.* In compliance with the information obligations provided for in applicable legislation, as well as in current sectorial regulations, it is noted that the indicated sale price of the property does not include the expenses and taxes inherent to the acquisition, which are detailed below: - Transfer Tax (ITP): The tax rate in force in the Valencian Community will apply, a general rate of 10%, without prejudice to reduced rates applicable according to the buyer's personal circumstances or the property's characteristics. The tax is accrued on the Reference Value or the sale price, whichever is higher. For exhaustive information on the functioning, tax rates, and exemptions of ITP, you can consult the official portal of the regional Tax Agency at the following link: - Notary Fees: Notary fees will be calculated according to the official fee regulated in Annex I of Royal Decree 1426/1989, of November 17, which approves the Notarial Fee. - Registry Fees: Registration in the Property Registry will be billed according to the official fee established in Annex I of Royal Decree 1427/1989, of November 17, which approves the Fee for Property Registrars. - Agency Fees included in the published price.

Features
Elevator
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €450,000
Taxes (ITP 10%) + €45,000
Notary Fees + €3,780
Registry Fees + €1,440
Gestoría Fees + €1,350
Valuation + Other + €339

Total Investment €501,909
Est. Monthly Rent €1,362/mo
Est. Annual Rent €16,347/yr

Est. Yield 2.96%
Days on Market
216
First seen
2025-11-06
View on Idealista