Active
ID: 110582029
Centro Tradicional
Flat / apartment for sale in Plaza Gabriel Miró
4 Bed • 2 Bath • 160 m² • Floor 2
€1,100,000
AI Analyst
Long-term Rental"Prime 4-bedroom apartment in Alicante’s Centro-Tradicional with terrace and exceptional Explanada views offers rare prestige and strong appeal for high-end tenants or owner-occupiers seeking exclusivity in a landmark location."
Negotiation
Leverage
Balanced
Value Add
Modernize kitchen and bathrooms to maximize rental yield and capital appreciation
Pros
- •Prestigious central location with iconic views
- •Spacious 160 m² layout with terrace and elevator
- •Strong demand for high-end rentals in city center
Cons
- •Gross rental yield below 2.25%, limiting cash flow
- •Likely need for interior modernization
- •High price point narrows tenant and resale pool
Description
Have you always dreamed of living on the Explanada de Alicante? Exclusively, Ruiz Aldea & Asociados offers these magnificent views accompanied by a 4-bedroom home, living room with terrace, kitchen, and two bathrooms, privileged and different, find your new home.
Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price
€1,100,000
+ Fees & Taxes
+ €126,399
Taxes (ITP 10%)
+ €110,000
Notary Fees
+ €9,240
Registry Fees
+ €3,520
Gestoría Fees
+ €3,300
Valuation + Other
+ €339
Total Investment
€1,226,399
Est. Monthly Rent
€2,031/mo
Est. Annual Rent
€24,369/yr
Est. Yield
1.99%
High
(13 Comps)
Days on Market
66
First seen
2026-02-10