Active ID: 111264163 Casco Histórico

Flat / apartment for sale in Calle Cienfuegos

2 Bed • 1 Bath • 55 m² • Floor 3

€300,000

AI Analyst
Long-term Rental

"Modern 2-bedroom apartment in Alicante’s historic center offers strong rental appeal, excellent condition, and prime location with castle views—ideal for investors seeking stable returns in a sought-after urban market."

Negotiation Leverage Balanced
Value Add Minor cosmetic upgrades to maximize rental yield
Pros
  • Prime Old Town location with high rental demand
  • Excellent condition—move-in ready with modern amenities
  • Balcony with attractive views enhances tenant appeal
Cons
  • Small size (55 m²) may limit tenant pool
  • Single bathroom could deter some renters
  • Premium pricing for area may constrain yield
Description

We present this excellent opportunity in Alicante's Old Town a property ideal for enjoying a prime location in the city. The apartment features 2 bedrooms, 1 full bathroom with a bathtub, and a spacious living-dining room with a fully equipped open-plan kitchen, creating a modern, functional and very welcoming space. From the living room, there is access to a balcony with pleasant views of the Castle and the surrounding urban landscape, adding a special charm to the property. The property is in very good condition and is equipped with ducted hot/cold air conditioning throughout, ensuring comfort all year round. It also stands out for its brightness, thanks to its good orientation and natural light. The building is well maintained and offers an attractive entrance hall and elevator, providing comfort and a great overall impression. Its location is one of its key highlights: perfectly connected and surrounded by all essential services, including supermarkets, restaurants, public transport, leisure areas and the city's main points of interest. A property with great potential in one of the most sought-after areas of Alicante. ref: 01014.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €300,000
Taxes (ITP 10%) + €30,000
Notary Fees + €2,520
Registry Fees + €960
Gestoría Fees + €900
Valuation + Other + €339

Total Investment €334,719
Est. Monthly Rent €1,098/mo
Est. Annual Rent €13,179/yr

Est. Yield 3.94%
Days on Market
0
First seen
2026-04-23
View on Idealista