Active ID: 110778777 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

"Fully renovated 3-bedroom apartment in Alicante’s prime Centro-Tradicional area, steps from Postiguet beach and cultural hotspots. Modern finishes, optimized natural light, and a terrace enhance both lifestyle appeal and rental demand."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Prime central location near beach and amenities
  • Fully renovated, minimizing immediate capex
  • Strong rental demand in sought-after area
Cons
  • Gross yield below 4.2%, limiting cash flow
  • Premium pricing for location reduces upside
  • Potential for short-term rental restrictions
Description

Enjoy the comfort of living in the most privileged area of Alicante, close to Postiguet beach and at the same time next to the culture where the main theater is located and surrounded by the best restaurants. 90m property fully renovated with three bedrooms, with two bathrooms, one of which is located inside the master bedroom. Parquet floors that offer great warmth and smooth white walls that provide a sense of modernity and spaciousness. Optimized spaces to enjoy the light in all rooms.

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
1
First seen
2026-03-02
View on Idealista