Active ID: 110371477 Centro Tradicional

Flat / apartment for sale in Centro Tradicional

3 Bed • 3 Bath • 151 m² • Floor 5

€620,000

AI Analyst
Long-term Rental

"Fully renovated 151 m² apartment in Alicante’s Centro Tradicional offers three bedrooms, three bathrooms, and abundant natural light, making it a turnkey asset in a prime urban location with strong rental demand and minimal immediate capex needs."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Prime central location with strong tenant demand
  • Fully renovated, minimizing immediate capital expenditure
  • Spacious layout with three bedrooms and outdoor spaces
Cons
  • Yield is moderate given high acquisition price
  • Potential for market saturation in central Alicante
  • Limited value-add opportunities for further upside
Description

Discover a home that combines spaciousness, natural light, and comfort in the heart of Alicante. This impressive 151 m2 completely renovated apartment offers a design thought out to enjoy every corner, with 3 exterior bedrooms, 3 full bathrooms, and a bright living-dining room that connects naturally with a covered terrace and a balcony, ideal for relaxing or sharing moments outdoors. The equipped kitchen integrates perfectly with the common areas, creating a cozy and functional atmosphere, while the porcelain stoneware floors provide modernity and durability throughout the home. Every detail has been taken care of to offer comfort, style, and practicality, making this apartment perfect for families and those looking to invest in a quality property. Its location is unbeatable: surrounded by shops, restaurants, schools, and public transport, with everything you need just a few steps away, yet with the tranquility of an environment that allows you to enjoy urban life without sacrificing calm. The orientation and exterior layout of the home guarantee light throughout the day, creating warm and welcoming spaces that invite you to live every moment. This apartment is not just a home, but a life experience in Alicante, where comfort, practicality, and luminosity combine with a strategic location, offering a ready-to-move-in home to enjoy all that the city has to offer. A unique opportunity that will make every day special. Cosmohabitat is a real estate agency located in La Cañada (in Paterna, Valencia), at Calle 29, nº53 Local 1, specializing in properties located throughout the Valencian Community, Bank Properties (any Bank), investments with profitability (apartments, houses, unfinished construction, buildings, tobacconists, lottery agencies, and any other asset that generates profitability), renovations at any level, and sale of prefabricated modular homes with first-class finishes.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €620,000
Taxes (ITP 10%) + €62,000
Notary Fees + €5,208
Registry Fees + €1,984
Gestoría Fees + €1,860
Valuation + Other + €339

Total Investment €691,391
Est. Monthly Rent €2,062/mo
Est. Annual Rent €24,750/yr

Est. Yield 3.58%
Days on Market
41
First seen
2026-01-21
View on Idealista