Active ID: 110513299 Centro Tradicional

Flat / apartment for sale in Centro Tradicional

4 Bed • 2 Bath • 109 m² • Floor 1

€309,000

AI Analyst
Long-term Rental

"Spacious 4-bedroom apartment in central Alicante, just 500m from Postiguet Beach, offers strong natural light and flexible renovation potential in a prime, high-demand location. Ideal for value-add investors seeking urban rental yield."

Negotiation Leverage Balanced
Value Add Full interior renovation to modern standards; potential to reconfigure layout for higher rental yield.
Pros
  • Prime city center location near beach and amenities
  • Large size and four exterior bedrooms maximize rental flexibility
  • Building with elevator and accessibility features
Cons
  • Requires full renovation, increasing upfront capital outlay
  • First-floor location may limit views and rental premium
  • No terrace or outdoor space, which may reduce appeal to some tenants
Description

Spacious apartment to renovate in the heart of Alicante, 500 m from Postiguet Beach Great opportunity in the heart of Alicante. Spacious 109 m2 apartment for sale, located on the first floor with an elevator and adapted access for people with reduced mobility, in a well-maintained building. The property has 4 exterior bedrooms, which guarantee excellent natural light throughout the day, and 2 bathrooms. Its good distribution allows for multiple renovation options, ideal for creating a modern and functional home or as a high-yield investment. The apartment is for renovation, offering the possibility of completely personalizing it. It has replaced windows, which provide thermal and acoustic insulation, a key added value in such a central location. Unbeatable location: in the heart of Alicante, just 500 meters from Postiguet Beach, 5 minutes from El Corte Inglés, and surrounded by all services: shops, public transport, schools, restaurants, and leisure areas. A home with great potential, spaciousness, and natural light, in one of the most sought-after areas of the city. Ideal as a primary residence, second home, or investment.

Features
Elevator
Exterior
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 €1,508/mo
Est. Annual Rent €18,100/yr

Est. Yield 5.25%
Days on Market
29
First seen
2026-02-02
View on Idealista