Active ID: 110112870 Centro Tradicional

Flat / apartment for sale in Centro Tradicional

4 Bed • 2 Bath • 175 m² • Floor 5

€550,000

AI Analyst
Coliving

"Spacious 5-bedroom apartment in Alicante’s Centro Tradicional offers high ceilings, elevator access, and prime proximity to city amenities, making it attractive for long-term tenants or coliving strategies in a supply-constrained urban core."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms; optimize layout for shared living
Pros
  • Prime central location with strong rental demand
  • Large size and 5 bedrooms ideal for coliving or family rental
  • Elevator and high ceilings enhance appeal and accessibility
Cons
  • Older finishes likely require modernization
  • No private terrace limits outdoor amenity
  • High price per m² may compress yield without value-add improvements
Description

Discover this exclusive and bright home located in the heart of Alicante. With 130 useful m2 and an impeccable distribution, the property offers 5 spacious bedrooms, 2 complete bathrooms, an independent kitchen, a large living-dining room and a perfect terrace to enjoy the Mediterranean climate. The house stands out for its high ceilings, which provide a feeling of spaciousness and elegance, and is located in a building with an elevator, which adds comfort and accessibility. Its excellent location allows you to enjoy all the services, shops, transport and cultural offerings of the center of Alicante, making it an ideal option for both families and those looking for space and comfort in a privileged area.

Features
Elevator
Exterior
Investment Summary
Purchase Price €550,000
Taxes (ITP 10%) + €55,000
Notary Fees + €4,620
Registry Fees + €1,760
Gestoría Fees + €1,650
Valuation + Other + €339

Total Investment €613,369
Est. Monthly Rent €2,264/mo
Est. Annual Rent €27,171/yr

Est. Yield 4.43%
Days on Market
78
First seen
2025-12-15
View on Idealista