Active ID: 110325321 Centro Tradicional

Flat / apartment for sale in Calle Médico Manero Mollà

3 Bed • 1 Bath • 125 m² • Floor 1

€320,000

AI Analyst
Long-term Rental

"Prime central Alicante apartment with elevator and 125m² of space offers significant value-add potential through renovation, making it attractive for investors seeking strong rental yields in a sought-after urban location."

Negotiation Leverage Balanced
Value Add Full interior renovation (kitchen, bathroom, finishes) to modern standards
Pros
  • •Excellent central location in Alicante's traditional core
  • •Spacious 125m² layout with 3 bedrooms, suitable for families or sharers
  • •Elevator access enhances rental appeal and accessibility
Cons
  • •Requires full renovation, increasing upfront capital outlay
  • •Single bathroom may limit appeal for larger households
  • •No terrace or outdoor space, which can be a drawback in Mediterranean markets
Description

Excellent apartment with elevator in the heart of Alicante, with elevator, first floor, 3 bedrooms, 1 bathroom, dining room. To renovate.

Features
Elevator
Air Conditioning
Exterior
Investment Summary
Purchase Price €320,000
Taxes (ITP 10%) + €32,000
Notary Fees + €2,688
Registry Fees + €1,024
Gestoría Fees + €960
Valuation + Other + €339
Total Investment €357,011
Est. Monthly Rent €1,625/mo
Est. Annual Rent €19,500/yr
Est. Yield 5.46%
High (44 Comps)
Days on Market
91
First seen
2026-01-16
View on Idealista