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, centrally located Alicante apartment with high ceilings and 5 bedrooms offers strong appeal for long-term tenants or coliving, benefiting from proximity to amenities and cultural attractions in a prime urban setting."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms to increase rental yield
Pros
  • Prime city center location with excellent access to amenities and transport
  • Large size (175 m²) and 5 bedrooms ideal for coliving or large families
  • High ceilings and elevator add to comfort and marketability
Cons
  • Older finishes likely require modernization to maximize returns
  • No terrace limits outdoor space appeal
  • Rental yield (~5%) is moderate for the price point
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 €2,300/mo
Est. Annual Rent €27,600/yr

Est. Yield 4.5%
Days on Market
177
First seen
2025-12-15
View on Idealista