Flat / apartment for rent in Centro Tradicional
1 Bed • 1 Bath • 40 m²
€1,300
AI Analyst
Avoid"Prime city-centre studio in Alicante’s Plaza Ruperto Chapí offers a rare blend of privacy, urban convenience, and cultural vibrancy, but commands a premium rent above local market averages, challenging yield expectations for investors."
Pros
- •Exceptional central location with cultural and transport amenities
- •Separate bedroom layout increases tenant appeal over typical studios
- •Building features elevator and terrace, enhancing livability
Cons
- •Asking rent is ~40% above estimated market value, limiting yield
- •Small unit size (40 m²) restricts tenant pool and rental upside
- •No clear value-add opportunities beyond minor modernization
Description
This long-term rental studio is located in one of the most iconic areas of Alicante city centre, Plaza Ruperto Chapí, right in front of the Main Theatre. A highly sought-after location due to its cultural atmosphere, shops, restaurants and excellent public transport connections. The property features a well-organised layout with a separate bedroom, offering more comfort and privacy than a traditional open-plan studio. The space is practical and functional, ideal for a single professional or a couple looking to live in the city centre. Surrounded by all essential services and cultural venues, this property allows you to enjoy urban living without the need for a car. The monthly rent is €1,300, plus rubbish collection tax and IBI. A great opportunity for long-term living in one of Alicante’s best locations. Key features: • Studio with separate bedroom • Long-term rental • Prime central location • Opposite the Main Theatre • Excellent urban connectivity If you are interested in the property, please contact us.