Active ID: 111239463 Centro Tradicional

Flat / apartment for sale in Calle San Francisco

3 Bed • 2 Bath • 219 m² • Floor 2

€799,000

AI Analyst
Long-term Rental

"Spacious 219 m² apartment in Alicante’s Centro-Tradicional, offering 3 bedrooms, modern amenities, and a private balcony. Well-suited for families or shared living, this property combines comfort, location, and solid build quality for stable long-term value."

Negotiation Leverage Balanced
Value Add Modernize bathrooms and update interior finishes for premium rental yield
Pros
  • Prime central location with strong rental demand
  • Large floor area and functional layout for families or sharers
  • Turnkey condition with modern heating/cooling and elevator access
Cons
  • Gross rental yield is low (~3.2%), limiting cash flow
  • Older building may require future capital expenditure
  • Premium price point narrows tenant pool and resale liquidity
Description

Discover this spacious 219 m² apartment in excellent condition, ideal for those seeking space and comfort. It consists of 3 bedrooms and 2 bathrooms, perfect for families or sharing with friends. Enjoy exterior views from the private balcony, where you can relax and breathe in the fresh air. The apartment features an equipped kitchen, ready to prepare your favorite dishes, and benefits from air conditioning and a hot and cold heat pump to ensure your comfort all year round. Additionally, natural gas ensures an efficient heating system. Located in a building with an elevator, it facilitates access to all levels. This apartment is a unique opportunity in the sales market. Contact Juan Felipe for more details and to arrange a visit. Your new home is waiting for you!

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €799,000
Taxes (ITP 10%) + €79,900
Notary Fees + €6,712
Registry Fees + €2,557
Gestoría Fees + €2,397
Valuation + Other + €339

Total Investment €890,904
Est. Monthly Rent €2,112/mo
Est. Annual Rent €25,350/yr

Est. Yield 2.85%
Days on Market
0
First seen
2026-04-23
View on Idealista