Active ID: 110813602 Centro Tradicional

Flat / apartment for sale in Avenida de la Constitución

2 Bed • 2 Bath • 80 m² • Floor 1

€430,000

↓ 2.3% from €440,000
€430,000 2026-08-23
€400,000 2026-07-18
€440,000 2026-03-05
AI Analyst
Long-term Rental

"Fully rebuilt 2-bed, 2-bath apartment in Alicante’s prime Centro-Tradicional, offering turnkey condition and high-end finishes. Strong location fundamentals and zero capex needs make this a low-risk, stable asset for core investors."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Comprehensive, high-quality renovation eliminates immediate capex
  • Prime central location with strong rental demand and appreciation potential
  • Modern amenities (central air, elevator, terrace) enhance tenant appeal
Cons
  • Gross rental yield (~3.2%) is modest for the price point
  • Limited upside for value-add or repositioning strategies
  • Potential competition from newer developments or short-term rental supply
Description

Ref. HVC0023 There are renovated homes… and then there are those rebuilt from scratch We present this spectacular 79 m² property located in the heart of Alicante, completely transformed with an investment of over €70,000, where absolutely everything is new: electricity , plumbing , meters, installations, and finishes. This is not a simple aesthetic update. It is a true comprehensive renovation. Its modern and functional layout offers: 2 spacious bedrooms 2 full bathrooms (one en-suite) Open-plan kitchen to the living room Open spaces that provide spaciousness and light Built-in wardrobes Climalit windows Interior patio Centralized air conditioning Every detail has been carefully designed to offer comfort, efficiency, and durability. There are no pending renovations or unexpected expenses here. Just move in and live The area: present and future value Located in one of the most established and sought-after areas of Alicante city center, surrounded by: Traditional shops and large supermarkets Restaurants and leisure areas Medical centers Schools Excellent public transport connections A few minutes' walk from the port and the Explanada The center of Alicante maintains constant demand, both national and international , favoring value stability and appreciation in the medium and long term In recent years, this area has experienced a sustained rise in prices due to the scarcity of completely renovated homes with high-quality finishes. Properties like this one, brand new on the inside, are increasingly difficult to find. It is an emotional purchase… but also an intelligent decision Conditions Price negotiable , subject to purchase conditions and formal offer review.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €430,000
Taxes (ITP 10%) + €43,000
Notary Fees + €3,612
Registry Fees + €1,376
Gestoría Fees + €1,290
Valuation + Other + €339

Total Investment €479,617
Est. Monthly Rent €1,174/mo
Est. Annual Rent €14,092/yr

Est. Yield 2.87%
Days on Market
175
First seen
2026-03-05
View on Idealista