Active ID: 110036439 Casco Histórico

Flat / apartment for sale in Calle Alberola Romero

5 Bed • 2 Bath • 125 m² • Floor 3

€495,000

AI Analyst
Coliving

"Spacious 5-bedroom apartment in Alicante’s historic center, offering strong location fundamentals and flexible layout for rental or coliving strategies. Proximity to major landmarks and amenities enhances long-term value and tenant appeal."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms to increase rental yield
Pros
  • Prime central location near Town Hall and Explanada de España
  • Five bedrooms allow for flexible rental configurations (coliving or family)
  • Elevator and terrace increase tenant desirability
Cons
  • Only one full bathroom for five bedrooms may limit appeal
  • Interior likely requires modernization to maximize returns
  • Rental yield is moderate relative to purchase price in current market
Description

We present this magnificent apartment located in the heart of Alicante, just a few steps from the emblematic Town Hall and the popular Explanada de España. This third floor apartment stands out for its spaciousness with five bedrooms that offer endless possibilities to adapt them to your personal or family needs. The property has a full bathroom and an additional toilet, guaranteeing comfort and privacy for all occupants. The kitchen office is designed to maximize the available space, being perfect for both cooking and enjoying pleasant moments with family or friends. In addition, it has an elevator that facilitates access to the apartment from any floor of the building. Don't miss the opportunity to live in an unbeatable location where you can enjoy the vibrant atmosphere that this historic area offers daily.

Features
Elevator
Terrace/Balcony
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 €1,757/mo
Est. Annual Rent €21,080/yr

Est. Yield 3.82%
Days on Market
123
First seen
2025-12-16
View on Idealista