Active
ID: 109885133
Casco Histórico
Flat / apartment for sale in Calle Rafael Altamira
3 Bed • 2 Bath • 100 m² • Floor 4
€450,000
AI Analyst
Long-term Rental"Well-located 3-bedroom flat in Alicante’s historic center, offering 100 m² of modern living space with elevator access, air conditioning, and furnished interiors—ideal for urban professionals or families seeking centrality and convenience."
Negotiation
Leverage
Balanced
Value Add
Update furnishings and modernize bathrooms to increase rental appeal
Pros
- •Prime location in historic center with strong rental demand
- •Elevator and air conditioning enhance tenant comfort
- •Turnkey condition allows for immediate occupancy or rental
Cons
- •Gross rental yield is modest (~3.6%) for the price point
- •No terrace or outdoor space, limiting appeal to some tenants
- •Potential for higher maintenance costs due to central location and building age
Description
Flat for sale in Alicante/Alacant, with 100 m², 3 rooms and 2 bathrooms, Lift, Furnished and Air conditioning.
Features
Elevator
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price
€450,000
+ Fees & Taxes
+ €51,909
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
€1,338/mo
Est. Annual Rent
€16,060/yr
Est. Yield
3.2%
High
(6 Comps)
Days on Market
77
First seen
2025-12-16