Active ID: 110108811 Centro Tradicional

Flat / apartment for sale in Av Dr Gadea

4 Bed • 2 Bath • 141 m² • Floor 4

€670,000

AI Analyst
Long-term Rental

"Spacious 4-bedroom apartment in Alicante’s prime Centro-Tradicional area, featuring rare dual glazed terraces, modern amenities, and panoramic city views—offering strong appeal for urban professionals and families seeking central, high-quality living."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms to increase rental yield
Pros
  • Prime central location near major shopping and transport
  • Unique dual glazed terraces with city and castle views
  • Spacious layout with four bedrooms and modern amenities
Cons
  • Rental yield is modest relative to purchase price
  • Terrazzo floors and kitchen may require modernization
  • HOA fees and property taxes likely elevated in central location
Description

Dream apartment located on Avd. Doctor Gadea, in the heart of Alicante with excellent qualities. 2 minutes from Avd. Maisonnave, which has shops from various business groups, two El Corte Inglés buildings, banks, and tapas and restaurant establishments, close to all services and transport. This extraordinary 141 m2 exterior and very bright home consists of 4 bedrooms, all of them spacious, 1 large living-dining room with the possibility of two areas, 2 full bathrooms, 1 of them in the master bedroom, 1 large kitchen, and 2 glazed terraces (it is the only apartment in the building with these characteristics). The home is equipped with built-in wardrobes, air conditioning in the living room and master bedroom installed a year ago, electric water heater, and terrazzo floors. From its terraces, you can see the center of Alicante and a wonderful view of Santa Barbara Castle. The home has an optional garage space in the same building. DO NOT HESITATE TO CALL US TO REQUEST AN APPOINTMENT. This publication is purely informative, orientative, and non-binding, therefore it does not constitute any contractual information, its use being strictly commercial. This advertisement may contain errors, it is shown for informational purposes of the information received, the real estate agency not being responsible for said errors.

Features
Elevator
Terrace/Balcony
Air Conditioning
Parking
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €670,000
Taxes (ITP 10%) + €67,000
Notary Fees + €5,628
Registry Fees + €2,144
Gestoría Fees + €2,010
Valuation + Other + €339

Total Investment €747,121
Est. Monthly Rent €1,788/mo
Est. Annual Rent €21,450/yr

Est. Yield 2.87%
Days on Market
78
First seen
2025-12-15
View on Idealista