Active ID: 110778720 Centro Tradicional

Flat / apartment for sale in Calle Bazán, 7

3 Bed • 2 Bath • 90 m² • Floor 2

€370,000

AI Analyst
Long-term Rental

"Well-located 3-bedroom apartment in Alicante’s Centro-Tradicional, featuring a terrace and elevator, offers stable long-term rental demand but limited yield at current pricing."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms to increase rental appeal
Pros
  • Prime central location with strong tenant demand
  • Desirable features: terrace, elevator, exterior orientation
  • Solid 3-bedroom layout suitable for families or sharers
Cons
  • Gross yield below 4.2%, limiting cash flow potential
  • Potential need for interior modernization
  • Market context unknown—possible competition or price pressure
Description

None

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €370,000
Taxes (ITP 10%) + €37,000
Notary Fees + €3,108
Registry Fees + €1,184
Gestoría Fees + €1,110
Valuation + Other + €339

Total Investment €412,741
Est. Monthly Rent €1,288/mo
Est. Annual Rent €15,454/yr

Est. Yield 3.74%
Days on Market
3
First seen
2026-03-02
View on Idealista