Active
ID: 110809915
Centro Tradicional
Flat / apartment for sale in Calle Valdés
6 Bed • 3 Bath • 180 m² • Floor 1
€1,100,000
AI Analyst
Coliving"Spacious 180 m², 6-bedroom flat in Alicante’s Centro-Tradicional offers rare scale and flexibility, but current rental yields are low relative to the €1.1M asking price, limiting immediate cash flow potential."
Negotiation
Leverage
Balanced
Value Add
Modernize kitchen and bathrooms to attract premium tenants or maximize coliving appeal.
Pros
- •Large 6-bedroom layout ideal for coliving or multi-tenant strategies
- •Prime central location in Alicante with elevator access
- •Air conditioning and exterior orientation enhance tenant appeal
Cons
- •Low gross rental yield (~2.6%) at current price limits traditional buy-to-let returns
- •No terrace or outdoor space, which may deter some tenants
- •Likely requires significant modernization to achieve premium rents
Description
Flat for sale in Alicante/Alacant, with 180 m², 6 rooms and 3 bathrooms, Lift and Air conditioning.
Features
Elevator
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price
€1,100,000
+ Fees & Taxes
+ €126,399
Taxes (ITP 10%)
+ €110,000
Notary Fees
+ €9,240
Registry Fees
+ €3,520
Gestoría Fees
+ €3,300
Valuation + Other
+ €339
Total Investment
€1,226,399
Est. Monthly Rent
€2,415/mo
Est. Annual Rent
€28,982/yr
Est. Yield
2.36%
Low
(33 Comps)
Days on Market
11
First seen
2026-03-05