Active ID: 110250778 Centro Tradicional

Flat / apartment for sale in Centro Tradicional

2 Bed • 2 Bath • 200 m² • Floor 1

€1,100,000

AI Analyst
Long-term Rental

"Prime, fully renovated 200 m² apartment in Alicante’s Centro Tradicional with panoramic port views, luxury finishes, and a protected historic facade. Exceptional location and accessibility features enhance its appeal for discerning tenants or owner-occupiers."

Negotiation Leverage Balanced
Value Add Potential to reconfigure layout to add a third bedroom and increase rental yield
Pros
  • Prestigious central location with port views
  • Fully renovated with high-end finishes and accessibility features
  • Large master suite and terrace enhance tenant appeal
Cons
  • Low yield (~2.6% gross) at current price and rent
  • Only two bedrooms in a large unit limits rental flexibility
  • Protected facade may restrict future exterior modifications
Description

Located in the heart of Alicante, right on the Explanada, this impressive, fully renovated apartment offers a unique experience with spectacular views of the port. With a constructed area of 200 m2 and a modern design that prioritizes comfort and functionality, this property has two perfectly distributed bedrooms. The master bedroom stands out for its spaciousness of 80 m2, ideal for those seeking comfort without compromising style or elegance. In addition, it has two bathrooms equipped with high-quality finishes and functionalities designed for all people, including those with reduced mobility. Access through two streets guarantees ease and independence; while the protected facade maintains the historical character of the building built in 1955. To further enjoy the Mediterranean environment, you can relax on a terrace from which to contemplate magnificent views of the port.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €1,100,000
Taxes (ITP 10%) + €110,000
Notary Fees + €9,240
Registry Fees + €3,520
Gestoría Fees + €3,300
Valuation + Other + €339

Total Investment €1,226,399
Est. Monthly Rent €2,400/mo
Est. Annual Rent €28,800/yr

Est. Yield 2.35%
Days on Market
54
First seen
2026-01-08
View on Idealista