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

"Central Alicante apartment with elevator offers solid long-term rental potential. At 125m², 3 bedrooms, and a prime location, it appeals to professionals and families, though renovation is required to unlock full value."

Negotiation Leverage Balanced
Value Add Full interior renovation (kitchen, bathroom, finishes) to modern standards
Pros
  • •Prime city center location with strong rental demand
  • •Spacious 125m² layout suitable for families or sharers
  • •Elevator access enhances accessibility and tenant appeal
Cons
  • •Requires significant renovation before occupancy or premium rents
  • •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 €1,628/mo
Est. Annual Rent €19,531/yr
Est. Yield 5.47%
High (38 Comps)
Days on Market
46
First seen
2026-01-16
View on Idealista