Active ID: 110717370 Centro Tradicional

Flat / apartment for sale in Calle del Cid

2 Bed • 1 Bath • 78 m² • Floor 4

€195,000

AI Analyst
Long-term Rental

"Well-located 78m² corner apartment in Alicante’s Centro-Tradicional, offering abundant natural light and strong rental demand, but requiring a full renovation to unlock its investment potential."

Negotiation Leverage Balanced
Value Add Full interior renovation (kitchen, bathroom, flooring, fixtures) to modern standards
Pros
  • Prime city-center location near Plaza de Balmis
  • All rooms are exterior, ensuring excellent natural light
  • Strong rental demand in central Alicante
Cons
  • Requires complete renovation, increasing upfront capital outlay
  • Fourth floor without elevator may limit tenant pool
  • Original condition may deter some renters or buyers
Description

Your Future Home in the Heart of the City: Charming Corner Apartment with Potential Do you dream of living in the center, surrounded by life and with all the conveniences at your fingertips? We present an opportunity you won't want to miss. Strategically located next to the vibrant Plaza de Balmis, this corner apartment offers you the perfect canvas to create the home of your dreams. With 78m2 built, every corner of this property is exterior, guaranteeing exceptional natural light throughout the day. Imagine waking up in one of its two bedrooms, enjoying the views; preparing your breakfasts in its practical independent kitchen; and relaxing in a corner living-dining room, an ideal space for gatherings or simply to enjoy urban tranquility. Currently in its original state, this fourth-floor apartment (without an elevator) is waiting for a complete renovation to transform it into a modern and functional gem. It is the perfect investment for those who appreciate the value of a premium location and wish to imprint their own style on every detail. Live the experience of having everything at your fingertips, from shops and restaurants to cultural and leisure areas. A truly unique opportunity for those seeking an urban lifestyle without sacrificing the essence of a cozy home. Come and discover the unlimited potential of this apartment and make your life project a reality!

Features
Elevator
Exterior
Investment Summary
Purchase Price €195,000
Taxes (ITP 10%) + €19,500
Notary Fees + €1,638
Registry Fees + €624
Gestoría Fees + €585
Valuation + Other + €339

Total Investment €217,686
Est. Monthly Rent €1,131/mo
Est. Annual Rent €13,571/yr

Est. Yield 6.23%
Days on Market
6
First seen
2026-02-25
View on Idealista