Active ID: 111149943 Casco Histórico

Flat / apartment for sale in Plaza de San Cristóbal, 2

2 Bed • 1 Bath • 90 m² • Floor 1

€280,000

AI Analyst
Long-term Rental

"Well-located 90m² apartment in Alicante’s historic center, offering strong rental demand potential post-renovation. Spacious layout, terrace, and elevator access enhance appeal, but significant refurbishment is required to unlock full value."

Negotiation Leverage Balanced
Value Add Full interior renovation (kitchen, bathroom, finishes) to modern standards
Pros
  • Prime central location near Explanada and public transport
  • Spacious 90m² layout with terrace and elevator
  • Strong rental demand in historic center
Cons
  • Requires significant renovation investment
  • Potential noise due to central location
  • Limited to two bedrooms, restricting coliving or holiday rental flexibility
Description

Great apartment in Plaza San Cristóbal. The apartment consists of two spacious bedrooms, an independent kitchen, a living room, and a bathroom. It is currently in need of renovation. The location is unbeatable, with the property just a stone's throw from the Explanada and next to the Rambla de Méndez Núñez. The central market is also very close by, and there are buses and a tram, making daily commutes easy. It is a unique opportunity, and the apartment offers many renovation possibilities.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €280,000
Taxes (ITP 10%) + €28,000
Notary Fees + €2,352
Registry Fees + €896
Gestoría Fees + €840
Valuation + Other + €339

Total Investment €312,427
Est. Monthly Rent €1,327/mo
Est. Annual Rent €15,923/yr

Est. Yield 5.1%
Days on Market
61
First seen
2026-04-10
View on Idealista