Active ID: 110413898 Centro Tradicional

Flat / apartment for sale in Centro Tradicional

3 Bed • 2 Bath • 82 m² • Floor 3

€305,000

↓ 6.2% from €325,000
€305,000 2026-05-04
€325,000 2026-01-27
AI Analyst
Long-term Rental

"Prime renovation opportunity in Alicante’s Centro Tradicional: 82m², 3-bedroom apartment with balcony, elevator, and excellent central location—ideal for value-add investors seeking strong rental demand and long-term appreciation."

Negotiation Leverage Balanced
Value Add Full interior renovation (kitchen, bathrooms, flooring, fixtures) to modern standards
Pros
  • Outstanding central location near Explanada and all amenities
  • Flexible 3-bedroom layout with balcony and natural light
  • Elevator and exterior orientation increase tenant appeal
Cons
  • Requires significant renovation investment
  • Single bathroom plus WC may limit premium rental potential
  • Potential noise and congestion typical of city center properties
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 €305,000
Taxes (ITP 10%) + €30,500
Notary Fees + €2,562
Registry Fees + €976
Gestoría Fees + €915
Valuation + Other + €339

Total Investment €340,292
Est. Monthly Rent €1,349/mo
Est. Annual Rent €16,188/yr

Est. Yield 4.46%
Days on Market
134
First seen
2026-01-27
View on Idealista