Active ID: 110414407 Centro Tradicional

Flat / apartment for sale in Calle del Teatro

2 Bed • 2 Bath • 105 m² • Floor 1

€430,000

AI Analyst
Long-term Rental

"Recently renovated 2-bedroom apartment in Alicante’s Centro-Tradicional offers modern finishes, turnkey condition, and a prime location near the Explanada and beach—ideal for tenants seeking urban convenience and lifestyle amenities."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Fully renovated, modern design—no immediate capex required
  • Prime central location with strong tenant demand and proximity to amenities
  • Elevator and exterior orientation enhance rental appeal
Cons
  • Gross yield (~3.6%) is modest for the market, limiting cash flow upside
  • Only two bedrooms may restrict coliving or higher-density rental strategies
  • No terrace or significant outdoor space, which may limit premium rental potential
Description

APARTMENT FOR SALE, RECENTLY RENOVATED IN THE CENTER OF ALICANTE – TEATRO STREET If you are looking for a modern home ready to move into in one of the best areas of Alicante, this is your opportunity. Completely renovated apartment with a modern and functional design, with 2 bedrooms and 2 bathrooms. Layout: Fully equipped kitchen, open to the living room, creating a bright, spacious, and cozy space with access to three small balconies. 1 Double bedroom with en-suite bathroom 1 Single bedroom with built-in wardrobes 1 Sophisticated full bathroom with shower Laundry area with electric water heater and washing machine Small interior patio Located in an unbeatable area, with all services at your fingertips: shops, restaurants, public transport, and just a few minutes from the Explanada and the beach. ? For more information or viewings, contact now! [IW].

Features
Elevator
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €430,000
Taxes (ITP 10%) + €43,000
Notary Fees + €3,612
Registry Fees + €1,376
Gestoría Fees + €1,290
Valuation + Other + €339

Total Investment €479,617
Est. Monthly Rent €1,313/mo
Est. Annual Rent €15,754/yr

Est. Yield 3.28%
Days on Market
81
First seen
2026-01-27
View on Idealista