Active ID: 109933027 Centro Tradicional

Flat / apartment for sale in Plaza de los Luceros

3 Bed • 2 Bath • 121 m² • Floor 3

€580,000

AI Analyst
Long-term Rental

"Prime 3-bedroom apartment in Alicante’s Plaza de Luceros offers exceptional city views, abundant natural light, and a move-in ready condition. Its central location ensures strong tenant demand and urban lifestyle appeal, making it a compelling asset for stable, long-term rental income."

Negotiation Leverage Balanced
Value Add Minor cosmetic upgrades to kitchen and bathrooms for premium positioning
Pros
  • Outstanding central location with high rental demand
  • Move-in ready condition reduces upfront capex
  • Large balcony with unique event views enhances tenant appeal
Cons
  • Gross yield (~3.2%) is below typical investor targets for the region
  • Premium pricing due to location may limit upside appreciation
  • Limited value-add opportunities beyond minor cosmetic improvements
Description

Lion Capital Group presents this magnificent apartment located next to Plaza de Luceros, one of the most emblematic and sought-after enclaves in the center of Alicante, renowned for its urban atmosphere, excellent connections, and privileged access to the city's main events. With 121 m² located on a third floor, this home offers 3 bedrooms, one of them double with an en-suite bathroom. The kitchen is individual and the property, completely exterior, stands out for its luminosity throughout the day and for a comfortable and functional distribution that guarantees comfort in each room. In addition, it has a large balcony with exceptional views of the "mascletá", the Three Kings parade, and the most important events that take place in Luceros, becoming a privileged point to enjoy each celebration without leaving home. The property is in very good condition, ready to move into. It has heating and centralized air conditioning through ducts, providing efficiency and well-being throughout the year. Its location is unbeatable: in the heart of Alicante, surrounded by shops, restaurants, green areas, public transport, and a few minutes from any strategic point in the city. A unique opportunity in an incomparable area. Lion Capital Group invites you to discover this apartment where spaciousness, luminosity, and urban life combine to offer you an exceptional lifestyle.

Features
Elevator
Terrace/Balcony
Air Conditioning
Parking
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €580,000
Taxes (ITP 10%) + €58,000
Notary Fees + €4,872
Registry Fees + €1,856
Gestoría Fees + €1,740
Valuation + Other + €339

Total Investment €646,807
Est. Monthly Rent €1,538/mo
Est. Annual Rent €18,458/yr

Est. Yield 2.85%
Days on Market
102
First seen
2025-11-21
View on Idealista