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
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%
Days on Market
66
First seen
2026-02-10
View on Idealista