Active ID: 110813602 Centro Tradicional

Flat / apartment for sale in Avenida de la Constitución

2 Bed • 2 Bath • 80 m² • Floor 1

€440,000

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 that are rebuilt from scratch We present this spectacular 79 m² home 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. It's not a simple aesthetic update. It's a real, comprehensive renovation. Its modern and functional layout offers: ? 2 spacious bedrooms? 2 full bathrooms (one en suite)? Open-plan kitchen connected to the living room? Open-plan 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. It's move-in ready? ? The area: present and future value Located in one of the most consolidated and in-demand areas of central Alicante, surrounded by: ? Traditional shops and large retailers? 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 nationally and internationally? , favoring value stability and appreciation in the medium and long term? In recent years, this area has experienced a sustained price increase due to the scarcity of completely renovated homes with high-quality finishes. Properties like this, completely new inside, are increasingly difficult to find. It's an emotional purchase.. . but also a smart decision? ? Conditions Negotiable price? , subject to purchase conditions and formal offer review.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €440,000
Taxes (ITP 10%) + €44,000
Notary Fees + €3,696
Registry Fees + €1,408
Gestoría Fees + €1,320
Valuation + Other + €339

Total Investment €490,763
Est. Monthly Rent €1,174/mo
Est. Annual Rent €14,092/yr

Est. Yield 2.87%
Days on Market
56
First seen
2026-03-05
View on Idealista