Active ID: 111155229 Centro Tradicional

Flat / apartment for sale in Calle Valdés

3 Bed • 2 Bath • 100 m² • Floor 3

€305,000

↓ 6.2% from €325,000
€305,000 2026-05-04
€325,000 2026-04-13
AI Analyst
Long-term Rental

"Corner apartment in Alicante’s sought-after Centro Tradicional, offering 100m² of light-filled space with 3 bedrooms, terrace, and elevator access. Prime walkable location near beaches, shopping, and transit, but requires full renovation for modern standards."

Negotiation Leverage Balanced
Value Add Full interior renovation (kitchen, bathrooms, flooring, windows) to modernize and maximize rental yield.
Pros
  • Prime central location with strong tenant demand
  • Corner unit with abundant natural light and terrace
  • Elevator access in a historic building
Cons
  • Requires significant capital expenditure for renovation
  • Original condition may deter some tenants or buyers
  • Potential for higher maintenance costs in older buildings
Description

Magnificent corner property in the heart of the city! Have you ever dreamed of designing your home from scratch in an unrepeatable location? This property is that unique opportunity. Located in the heart of the city, this 90 m² apartment stands out for being completely exterior and on a corner, which guarantees an enviable amount of natural light throughout the day. Currently "original, " the home offers extraordinary renovation potential. Its current layout of 3 bedrooms and 1 bathroom allows for a modern redistribution, with enough space to incorporate a second full bathroom. Enjoy your mornings on its balcony-terrace with clear views, in a stately building with a renovated entrance. It's time to stop searching and start creating.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €305,000
Taxes (ITP 10%) + €30,500
Notary Fees + €2,562
Registry Fees + €976
Gestoría Fees + €915
Valuation + Other + €339

Total Investment €340,292
Est. Monthly Rent €1,458/mo
Est. Annual Rent €17,495/yr

Est. Yield 5.14%
Days on Market
58
First seen
2026-04-13
View on Idealista