Flat / apartment for sale in Calle Castaños, 5
3 Bed • 2 Bath • 101 m² • Floor 1
€360,000
AI Analyst
Long-term Rental"Fully renovated, move-in ready 3-bedroom apartment in Alicante’s prime Centro-Tradicional district, offering modern finishes, high luminosity, and immediate access to the city’s top amenities—ideal for investors seeking a turnkey asset in a high-demand urban location."
Pros
- •Prime central location with strong tenant demand
- •Comprehensive, high-quality renovation—no immediate capex required
- •Elevator and exterior orientation enhance rental appeal
Cons
- •Gross rental yield is modest for the price point (~4.5%)
- •No terrace or outdoor space, limiting appeal to some tenants
- •Premium pricing for the area may limit short-term appreciation
Description
Unique opportunity in the heart of Alicante – Calle Castaños 5 For sale: completely renovated, brand-new apartment, located on one of the most exclusive and sought-after streets in the center of Alicante. A home with excellent qualities, modern distribution, and exceptional luminosity. Main features: - 3 bedrooms - 2 complete designer bathrooms - Open-plan kitchen to the living room, modern and functional - Very bright and well-used spaces - Recent comprehensive renovation with high-quality materials About the images: Our design studio has created an AI-powered decoration proposal so you can better visualize the potential of the space and get a clear idea of the apartment's dimensions. After those images, you will find the real photographs of the property without virtual decoration. Located a few steps from the Paseo and all the gastronomic, commercial, and cultural offerings of the center of Alicante. And very important: You won't find a new, designer apartment in a better location and at a better price in this area. An exceptional opportunity both for living and for investing with high profitability.