Active ID: 110219382 Centro Tradicional

Flat / apartment for sale in Centro Tradicional

1 Bed • 2 Bath • 91 m² • Floor 4

€395,000

AI Analyst
Long-term Rental

"Prime 91 m² corner apartment in Alicante’s Centro Tradicional, offering abundant natural light, open views, and walkable access to cultural, retail, and transport hubs—an attractive asset for urban rental demand."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathroom to increase rental appeal
Pros
  • Exceptional central location with high walkability and access to amenities
  • Corner orientation provides superior natural light and ventilation
  • Elevator and terrace enhance tenant desirability
Cons
  • Single bedroom limits target tenant pool and rental upside
  • Pending cadastral regularization introduces legal uncertainty
  • Gross yield (~3.6%) is modest for the price point, limiting cash flow
Description

EXCLUSIVE: Stunning Corner Apartment – Calle Castaños, Alicante A strategic location in the very heart of the city Discover this stunning corner apartment (chaflán) located at the intersection of the iconic Calle Castaños and Calle Pascual Pérez, right in the vibrant center of Alicante. Situated on the 4th floor, the property offers exceptional natural light and open views over one of the city’s most sought-after areas. Property features: Size: 91.39 m2 (including common areas). Living room: Spacious 20 m2 living area with excellent natural light and generous proportions. Floor: 4th floor with elevator. Orientation: Corner apartment, ensuring optimal natural ventilation. Community fees: Participation quota of 3.04%. Location & amenities (Everything within walking distance): Living at the corner of Castaños and Pascual Pérez means enjoying the best of Alicante without needing a car: Culture & leisure: Just steps from the Teatro Principal and the lively pedestrian area, famous for its “tardeo” atmosphere and luxury boutiques. Gastronomy: Surrounded by the city’s finest restaurants, tapas bars, and sunny terraces. Shopping: Less than 5 minutes from the Central Market (Mercado Central) and the major brands on Avenida Maisonnave. Transport: Immediate access to the TRAM stops (Luceros/Mercado), connecting to the beaches and the university, plus nearby bus lines with direct access to the airport. Beach & sea: Only a 10-minute walk to the Explanada de España and Postiguet Beach. Note: Individual cadastral reference pending regularization (not stated in the original deed). Our offers are not contractual and may contain errors. Tailored support We assist you throughout the entire purchase process and work with tax and legal experts to ensure a smooth and secure transaction. Our services include: NIE application Mortgages with up to 100% financing Investment projects + tourist licenses Technical studies and property diagnostics Community regularization and notarial procedures (division, inheritance, etc. ) Contact us today to arrange a viewing or request further information.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €395,000
Taxes (ITP 10%) + €39,500
Notary Fees + €3,318
Registry Fees + €1,264
Gestoría Fees + €1,185
Valuation + Other + €339

Total Investment €440,606
Est. Monthly Rent €1,172/mo
Est. Annual Rent €14,060/yr

Est. Yield 3.19%
Days on Market
54
First seen
2026-01-08
View on Idealista