Active ID: 110634382 Centro Tradicional

Flat / apartment for sale in Centro Tradicional

4 Bed • 2 Bath • 153 m² • Floor 4

€437,000

AI Analyst
Long-term Rental

"Spacious 4-bedroom apartment in Alicante’s Centro Tradicional, featuring a south-facing terrace, modern amenities, and proximity to key transport, retail, and beaches—offering strong appeal for urban professionals and families."

Negotiation Leverage Balanced
Value Add Modernize bathrooms and update kitchen for premium rental yield
Pros
  • Prime city center location near transport, shopping, and beach
  • Large 153 m² layout with 4 bedrooms and terrace
  • Modern features: air conditioning, parquet floors, elevator
Cons
  • Gross yield below 5% at current asking price
  • Optional parking adds significant cost (€48,000)
  • Potential need for interior updates to maximize rental value
Description

EXTRAORDINARY 4-BEDROOM APARTMENT IN THE CENTER OF ALICANTE (NEXT TO PLAZA MONTAÑETA). This spacious apartment, with a surface area of 153 m2, is located on the fourth floor of a building with an elevator. It offers 4 bedrooms, 2 bathrooms, a bright living-dining room, a sunny south-facing terrace, and a fully equipped independent kitchen with a laundry area. INCLUDED: The apartment features air conditioning in all rooms and parquet floors. OPTIONAL PARKING SPACE WITH 24-HOUR SECURITY: €48,000. LOCATION: Its prime location next to Plaza Montañeta offers all amenities such as supermarkets, restaurants, the El Corte Inglés department store, and the central market just steps away. It is also near Plaza de Luceros, where you can find the tram service to reach the various beaches of Alicante and Benidorm. In addition to being able to enjoy Postiguet beach just a 7-minute walk from the apartment. Its location is unbeatable for those who wish to live in the city center. 20 minutes from El Altet Airport (Alicante).

Features
Elevator
Terrace/Balcony
Air Conditioning
Parking
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €437,000
Taxes (ITP 10%) + €43,700
Notary Fees + €3,671
Registry Fees + €1,398
Gestoría Fees + €1,311
Valuation + Other + €339

Total Investment €487,419
Est. Monthly Rent €1,835/mo
Est. Annual Rent €22,015/yr

Est. Yield 4.52%
Days on Market
15
First seen
2026-02-16
View on Idealista