Active ID: 109919308 Casco Histórico

Flat / apartment for sale in Calle San José, 5

2 Bed • 1 Bath • 70 m² • Floor 3

€350,000

AI Analyst
Long-term Rental

"Recently renovated 2-bedroom apartment in Alicante’s historic center, just steps from the Rambla and beach, offers immediate rental income and strong tenant appeal due to its prime location and modern finishes."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Prime location near Rambla, beach, and amenities
  • Recently renovated with high-quality materials
  • Immediate rental income with tenant in place
Cons
  • Gross yield is modest for the area (~3.7%)
  • Limited value-add potential due to recent renovation
  • No terrace or outdoor space, which may limit some tenant demand
Description

We present this cozy and bright apartment located in one of the most sought-after areas of Alicante: Calle San José, just 30 meters from the Rambla Méndez Núñez and a short walk from the beach, the TRAM, shops, restaurants, and all the cultural life of the center. An unbeatable location that guarantees comfort, mobility, and great appeal both for living and investing. The apartment, of 70 m², is distributed in a modern living-dining room with an integrated kitchen in an open space, very well differentiated and with excellent natural lighting. The apartment has two bedrooms. A very spacious double bedroom, with a large wardrobe and exterior orientation. And a single bedroom, also equipped with a wardrobe and perfect as an extra room or office. The bathroom is spacious and practical, with a separate shower area and a laundry area equipped with a new washing machine and dryer. The apartment was recently renovated with high-quality materials: parquet floors, premium kitchen furniture, and included furniture. Currently, the apartment is rented, with one year remaining on the contract, which makes it a magnificent investment opportunity with immediate profitability in one of the most attractive areas of Alicante.

Features
Elevator
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €350,000
Taxes (ITP 10%) + €35,000
Notary Fees + €2,940
Registry Fees + €1,120
Gestoría Fees + €1,050
Valuation + Other + €339

Total Investment €390,449
Est. Monthly Rent €1,068/mo
Est. Annual Rent €12,813/yr

Est. Yield 3.28%
Days on Market
78
First seen
2025-12-15
View on Idealista