Active ID: 110885217 Centro Tradicional

Flat / apartment for sale in Calle San Fernando

4 Bed • 2 Bath • 206 m² • Floor 4

€650,000

AI Analyst
Long-term Rental

"Spacious 206 m² open-plan apartment in Alicante’s prime Centro-Tradicional area, offering flexible layouts, abundant natural light, and port views—ideal for value-add strategies or luxury conversion in a high-demand urban location."

Negotiation Leverage Balanced
Value Add Redistribute layout for multiple units or modernize for luxury rental
Pros
  • Prime central location near port and amenities
  • Large, flexible open-plan space (206 m²)
  • Balcony with attractive views and natural light
Cons
  • High entry price relative to local yields
  • Requires significant renovation to maximize value
  • Potential oversupply risk in luxury segment
Description

Lion Capital Group presents this magnificent opportunity in the Center of Alicante. Spacious and bright home located on the fourth floor with an elevator, situated right in the heart of Alicante. The property boasts 206 m² built and 196 m² usable, offering a large, completely open-plan space that allows for multiple distribution possibilities according to the buyer's needs. It is an exterior home with an east-facing orientation, guaranteeing excellent natural light for most of the day. It also features a balcony with views of the port of Alicante and a storage room, adding value in terms of both convenience and storage. This property represents a unique opportunity for investors, as its spaciousness and open-plan layout allow for the development of different projects: from a large luxury home in the center to the possibility of redistributing the space to maximize profitability. Its privileged location, along with its unusual dimensions for the area, make it an asset with great appreciation potential. The home is located on San Fernando street, in the very center of Alicante, just a few meters from the Explanada and the port. This is one of the most sought-after areas of the city, surrounded by all types of services, shops, restaurants, and leisure areas. Furthermore, its proximity to the promenade and main transport links make this location ideal for both living and investing. Don't miss this opportunity and come visit it with us.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €650,000
Taxes (ITP 10%) + €65,000
Notary Fees + €5,460
Registry Fees + €2,080
Gestoría Fees + €1,950
Valuation + Other + €339

Total Investment €724,829
Est. Monthly Rent €2,750/mo
Est. Annual Rent €33,000/yr

Est. Yield 4.55%
Days on Market
5
First seen
2026-03-11
View on Idealista