Active ID: 110413898 Centro Tradicional

Flat / apartment for sale in Centro Tradicional

3 Bed • 2 Bath • 82 m² • Floor 3

€325,000

AI Analyst
Long-term Rental

"Prime renovation opportunity in Alicante’s Centro Tradicional: 82m², 3-bedroom apartment with balcony, elevator, and excellent natural light. Strong location fundamentals and flexible layout offer significant upside for value-add investors seeking urban core exposure."

Negotiation Leverage Balanced
Value Add Full interior renovation (kitchen, bathrooms, flooring, fixtures) to modern standards
Pros
  • Outstanding city-center location near Explanada and amenities
  • Flexible 3-bedroom layout with balcony and elevator access
  • Strong rental demand in central Alicante supports stable yields
Cons
  • Requires substantial capital expenditure for renovation
  • Single bathroom may limit appeal for some tenants
  • Potential for higher transaction costs (taxes, fees not included in price)
Description

Renovation property in the heart of Alicante. If you've always dreamed of creating your own home in the center of Alicante, this is a unique opportunity. A property with infinite possibilities, located in a fantastic location, just a few steps from the Explanada and surrounded by all the services that make life in the Alicante city center so special. The property features a bright living-dining room with access to a 4-meter balcony, a privileged space to enjoy the urban atmosphere and natural light throughout the day. The kitchen is independent, ideal for designing it to your taste and adapting it to your lifestyle. It has 3 bedrooms, 1 bathroom, and 1 toilet, a perfect layout for a family or for those looking for an excellent investment. This apartment is an opportunity to renovate and shape a home with its own personality, in one of the most sought-after areas of Alicante, where everything is within reach and the city is lived intensely. A property for those who value location, space, and the potential to create something unique. Contact us to visit the property and discover its full potential. NOTE: For properties for sale, the advertised sale price does not include PROPERTY TRANSFER TAX, NOR NOTARY AND REGISTRY FEES.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €325,000
Taxes (ITP 10%) + €32,500
Notary Fees + €2,730
Registry Fees + €1,040
Gestoría Fees + €975
Valuation + Other + €339

Total Investment €362,584
Est. Monthly Rent €1,349/mo
Est. Annual Rent €16,188/yr

Est. Yield 4.46%
Days on Market
80
First seen
2026-01-27
View on Idealista