Active ID: 110213585 Centro Tradicional

Flat / apartment for sale in Centro Tradicional

3 Bed • 1 Bath • 69 m² • Floor 4

€310,000

AI Analyst
Long-term Rental

"Renovated 3-bedroom apartment in Alicante’s Centro Tradicional offers immediate rental potential, modern finishes, and prime access to city amenities, making it a compelling turnkey asset for investors seeking stable urban yields."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Fully renovated with high-quality finishes and modern systems
  • Prime central location near major transport and city attractions
  • Strong natural light and exterior orientation enhance tenant appeal
Cons
  • Modest size (69 m²) may limit target tenant pool
  • Single bathroom could constrain multi-tenant or family occupancy
  • Building facade painting pending, minor short-term disruption possible
Description

Apartment in the downtown area of Alicante, ready to move in, carefully renovated with an updated design that maximizes its south-facing orientation, natural light, all exterior, with large windows, guaranteeing a perfect balance between privacy, comfort, and harmony in its distribution and decoration. The apartment has been updated with great attention to detail, comfort, and style, with top-quality finishes such as ceramic floors, white lacquered wood carpentry, centralized air conditioning and heat pump installation, a completely renovated electrical installation differentiated in different phases. It has an equipped bathroom and kitchen, with an updated design and electric water heater. Public transport by bus, tram, taxi, and Renfe (train) are located near the property. The apartment is located in a very central area and very close to the nerve center of the city: Rambla de Méndez Núñez, Explanada de España, Canalejas, Plaza de Correos, Portal de Elche, port, El Corte Inglés. It consists of a hall, corridor, kitchen with laundry room and gallery to the light well, cantilevered balcony, bathroom, dining room, three bedrooms, and a built-in wardrobe. The building's facade has been recently renovated, and the painting of the facade is imminent.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €310,000
Taxes (ITP 10%) + €31,000
Notary Fees + €2,604
Registry Fees + €992
Gestoría Fees + €930
Valuation + Other + €339

Total Investment €345,865
Est. Monthly Rent €1,131/mo
Est. Annual Rent €13,575/yr

Est. Yield 3.92%
Days on Market
59
First seen
2026-01-03
View on Idealista