Active ID: 110474308 Centro Tradicional

Flat / apartment for sale in Calle Colon

4 Bed • 2 Bath • 115 m² • Floor 1

€309,000

AI Analyst
Long-term Rental

"Corner ground-floor apartment in Alicante’s Centro-Tradicional, recently renovated with four bedrooms, two balconies, and flexible use potential—ideal for both residential and professional purposes, just 450m from the beach."

Negotiation Leverage Balanced
Value Add Minor cosmetic upgrades to common areas or conversion to dual-use (residential/office) for higher yield
Pros
  • Prime central location with strong rental demand
  • Recent renovations reduce immediate capex needs
  • Flexible layout suitable for residential or professional use
Cons
  • Ground-floor may limit rental premium and privacy
  • Rental yield (~6.1% gross) is moderate for the area
  • Potential noise due to proximity to commercial streets
Description

Excellent opportunity to acquire a ground-floor apartment, located on a corner and with an elevator, in the heart of Alicante. A versatile property, ideal both as a primary residence and for a professional office or home office. The property is located at the intersection of two commercial streets, making it particularly suitable for activities such as a professional office, consultation room, physiotherapy, therapy center, or remote work, without sacrificing the comfort of a home. It features a very functional layout: four bedrooms, a spacious living room, two bathrooms, a separate kitchen, and two balconies. Being a corner property, all rooms benefit from natural light. The living room, with an approximate area of 27 m², is spacious, bright, and well-ventilated. The kitchen, completely renovated, is equipped with new upper and lower cabinets, a marble countertop, and modern appliances: induction hob, oven, microwave, refrigerator, and washing machine. It also has a large interior patio that promotes excellent cross-ventilation along with the exterior rooms. The property has been recently renovated, incorporating new doors and windows with high-quality glazing that improve thermal and acoustic insulation, increasing comfort and energy efficiency. It has two balconies with clear views, which provide brightness and a pleasant connection with the urban environment. Unbeatable location, surrounded by all types of services, shops, public transport, and leisure areas. A few meters from a central square and very close to children's playgrounds. The beach is only 450 meters away, allowing for easy enjoyment of the Mediterranean lifestyle. Low maintenance costs, making this property a very attractive option for both living and investing. A bright, well-distributed home with multiple possibilities in one of the most sought-after areas of Alicante.

Features
Elevator
Terrace/Balcony
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €309,000
Taxes (ITP 10%) + €30,900
Notary Fees + €2,596
Registry Fees + €989
Gestoría Fees + €927
Valuation + Other + €339

Total Investment €344,750
Est. Monthly Rent €1,583/mo
Est. Annual Rent €19,000/yr

Est. Yield 5.51%
Days on Market
34
First seen
2026-01-28
View on Idealista