Active
ID: 110419394
Centro Tradicional
Flat / apartment for sale in Avenida Alfonso El Sabio
3 Bed • 2 Bath • 85 m² • Floor 3
€400,000
AI Analyst
Long-term Rental"Fully renovated 3-bedroom apartment in Alicante’s prime Centro-Tradicional area, offering modern finishes, a terrace, and elevator access—positioned for stable rental demand and long-term value retention."
Negotiation
Leverage
Balanced
Value Add
None - Turnkey
Pros
- •Prime central location near Plaza de Luceros ensures high tenant demand
- •Completely renovated, minimizing immediate capex and vacancy risk
- •Features terrace, elevator, and exterior orientation for tenant appeal
Cons
- •Unfurnished rental may limit appeal to some tenant segments
- •Gross yield (~3.8%) is moderate for the market, limiting upside
- •No parking included, which may deter some renters
Description
Apartment in the heart of Alicante next to Plaza de Luceros. Completely renovated brand new. It is rented empty without furniture, with a furnished and equipped kitchen.
Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price
€400,000
+ Fees & Taxes
+ €46,179
Taxes (ITP 10%)
+ €40,000
Notary Fees
+ €3,360
Registry Fees
+ €1,280
Gestoría Fees
+ €1,200
Valuation + Other
+ €339
Total Investment
€446,179
Est. Monthly Rent
€1,270/mo
Est. Annual Rent
€15,239/yr
Est. Yield
3.42%
High
(20 Comps)
Days on Market
35
First seen
2026-01-27