Active ID: 110680256 Centro Tradicional

Flat / apartment for sale in Centro Tradicional

3 Bed • 2 Bath • 102 m² • Floor 5

€378,000

AI Analyst
Long-term Rental

"Fully renovated 3-bedroom apartment in Alicante’s city centre offers immediate move-in potential, strong tenant demand, and excellent walkability, making it a compelling asset for stable long-term rental income and capital appreciation."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Prime central location with high rental demand
  • Fully renovated, minimizing immediate capex
  • Spacious layout with good natural light
Cons
  • No elevator despite being on 5th floor
  • No terrace or outdoor space
  • Gross rental yield below 4.5%, limiting cash flow
Description

Magnificent fully renovated property for sale in the heart of Alicante city centre, located on the 5th floor with a lift, offering excellent natural light and greater privacy thanks to its elevated position. The apartment features 3 spacious bedrooms, 2 full bathrooms, and a modern, functional layout that makes perfect use of every space. The renovation provides a contemporary and well-finished style, ready to move into without the need for further improvements. Living in the centre of Alicante means enjoying all amenities within walking distance, with the convenience of having shops, transport, leisure areas, and everything needed for daily life close by, without relying on a car. A prime location that combines vibrancy, comfort, and quality of life, as well as strong demand that also makes it an excellent investment opportunity. A perfect home for those seeking comfort, location, and long-term value in the heart of the city.

Features
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €378,000
Taxes (ITP 10%) + €37,800
Notary Fees + €3,175
Registry Fees + €1,210
Gestoría Fees + €1,134
Valuation + Other + €339

Total Investment €421,658
Est. Monthly Rent €1,398/mo
Est. Annual Rent €16,778/yr

Est. Yield 3.98%
Days on Market
52
First seen
2026-02-25
View on Idealista