Active ID: 110117397 Centro Tradicional

Flat / apartment for sale in Plaza Calvo Sotelo, 16

3 Bed • 2 Bath • 132 m² • Floor 5

€1,090,000

AI Analyst
Long-term Rental

"Recently renovated, high-spec 3-bedroom apartment in Alicante’s prime Plaza Calvo Sotelo offers modern living, abundant natural light, and a terrace with open views—positioned for premium urban tenants seeking exclusivity and convenience."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Prime city center location with strong tenant demand
  • Fully renovated with high-quality finishes—minimal capex required
  • Corner unit with terrace and excellent natural light
Cons
  • Gross rental yield is low (~1.9%), limiting cash flow
  • High price point narrows target tenant pool
  • Potential exposure to market corrections in luxury segment
Description

Magnificent apartment for sale located in the exclusive Plaza Calvo Sotelo, one of the most sought-after and representative areas of the center of Alicante. The apartment has been recently renovated with high qualities, taking care of every detail to offer a modern, elegant and functional space. The property has a spacious living room integrated with the open-concept kitchen, creating a perfect environment to enjoy with family or guests. From this room you can access a comfortable terrace with completely unobstructed views of the square, ideal for relaxing outdoors or enjoying the sunsets. It has three spacious and bright bedrooms, and two complete bathrooms, one of them en suite. The master bedroom also includes a sophisticated dressing room that provides extra comfort and storage. Being a corner and completely exterior property, it stands out for its luminosity throughout the day, creating a feeling of spaciousness and well-being in each room. The location is unbeatable: a few meters from El Corte Inglés, with bus and TRAM stops practically at the door, in addition to a wide range of restaurants, supermarkets, shops and all the necessary services for day to day. A unique opportunity to live in an exclusive, newly renovated apartment in the heart of Alicante.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €1,090,000
Taxes (ITP 10%) + €109,000
Notary Fees + €9,156
Registry Fees + €3,488
Gestoría Fees + €3,270
Valuation + Other + €339

Total Investment €1,215,253
Est. Monthly Rent €1,714/mo
Est. Annual Rent €20,562/yr

Est. Yield 1.69%
Days on Market
78
First seen
2025-12-15
View on Idealista