Active ID: 110162484 Casco Histórico

Flat / apartment for sale in CL Rafael Altamira

3 Bed • 2 Bath • 113 m² • Floor 4

€390,000

AI Analyst
Long-term Rental

"Prime 3-bedroom apartment in Alicante’s historic center, offering strong urban appeal, proximity to beaches, and immediate move-in condition—ideal for investors seeking stable, city-center rental demand and minimal initial renovation costs."

Negotiation Leverage Balanced
Value Add Minor cosmetic upgrades or kitchen modernization could enhance rental yield.
Pros
  • Exceptional central location near Explanada, La Rambla, and Postiguet beach
  • Move-in ready with modern finishes and air conditioning
  • Elevator, terrace, and accessible building with well-maintained common areas
Cons
  • Single bathroom may limit appeal for larger households or coliving
  • Rental yield (~5.2% gross) is moderate for the area
  • Limited value-add opportunities beyond minor cosmetic improvements
Description

MF GESTIÓN INMOBILIARIA PRESENTS: Spectacular home in the heart of Alicante's CENTER. Finally, you will enjoy the house you have always dreamed of! This wonderful home is located right in the center. If you are an urbanite and want to make the most of the city center with concerts, theater, and Mediterranean tapas, you are just a minute's walk from the Explanada and La Rambla. If you prefer sand, sea, and beach, El Postiguet is only 6 minutes away! An unparalleled environment to live peacefully and comfortably, close to all services and a step away from the peace of the Mediterranean Sea. Its height provides silence and calm, with hardly any street noise. The house faces South, so natural light bathes the living room and master bedroom spaces and allows for cross-ventilation within the house to cool the rooms. It is in good condition, very well cared for and maintained. Smooth walls, air conditioning (Split in the living room and master bedroom), vinyl flooring, and high ceilings. Ready to move into, without needing renovations. You can also redistribute it as you prefer, as it has infinite possibilities to personalize it according to your needs. The house exudes a very beautiful energy, a warm, comfortable, and cozy atmosphere. It consists of 3 bedrooms (all with built-in wardrobes), 1 full bathroom with a shower, 1 toilet with a sanitary and sink, a very spacious independent kitchen with a gallery, and a bright and large living room with a small terrace. Very quiet community of owners, with adapted access, elevator, and excellent maintenance of the building. Visit it with me, I'm sure you'll love it!

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €390,000
Taxes (ITP 10%) + €39,000
Notary Fees + €3,276
Registry Fees + €1,248
Gestoría Fees + €1,170
Valuation + Other + €339

Total Investment €435,033
Est. Monthly Rent €1,690/mo
Est. Annual Rent €20,280/yr

Est. Yield 4.66%
Days on Market
74
First seen
2025-12-19
View on Idealista