Active ID: 110542597 Centro Tradicional

Flat / apartment for sale in Plaza de los Luceros

3 Bed • 2 Bath • 121 m² • Floor 3

€560,000

↓ 3.4% from €580,000
€560,000 2026-03-29
€580,000 2026-02-06
AI Analyst
Long-term Rental

"Prime 3-bedroom apartment in Alicante’s Plaza de los Luceros offers direct event views, modern amenities, and turnkey condition—an attractive asset for investors seeking stable, central-city rental demand and minimal immediate renovation."

Negotiation Leverage Balanced
Value Add Minor cosmetic upgrades to enhance appeal; otherwise turnkey
Pros
  • Exceptional central location with event views and strong tenant appeal
  • Spacious, well-laid-out interior with modern comforts and elevator access
  • Ready to rent or occupy immediately; fully furnished and in excellent condition
Cons
  • Gross rental yield is modest for the price point (~3.25%)
  • Parking space sold separately, adding to total acquisition cost
  • Potential for higher vacancy risk due to premium rent expectations
Description

Exclusive Apartment in Plaza de los Luceros – Prime Location in the Heart of Alicante Magnificent 121 m² apartment located in one of Alicante's most emblematic and sought-after areas, with direct views of Plaza de los Luceros, a prime spot to enjoy the Mascletà (fireworks display) and the city's main events. The apartment features 3 spacious bedrooms, 2 full bathrooms, a large and bright living room with access to a balcony, and a spacious entrance hall that adds elegance and a sense of spaciousness from the moment you enter. The separate kitchen is generously sized, with ample room for comfortable family meals, and also includes a utility room. Located on the third floor with elevator access, the apartment is in excellent condition, has central air conditioning, and is being sold fully furnished, ready to move in. A parking space is available in the same area for €40,000. Located in an unbeatable area, close to shops, public transport and all kinds of services, this property represents a unique opportunity to live or invest in the heart of Alicante.

Features
Elevator
Terrace/Balcony
Air Conditioning
Parking
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €560,000
Taxes (ITP 10%) + €56,000
Notary Fees + €4,704
Registry Fees + €1,792
Gestoría Fees + €1,680
Valuation + Other + €339

Total Investment €624,515
Est. Monthly Rent €1,548/mo
Est. Annual Rent €18,570/yr

Est. Yield 2.97%
Days on Market
70
First seen
2026-02-06
View on Idealista