Active ID: 111292728 Centro Tradicional

Flat / apartment for sale in Centro Tradicional

3 Bed • 1 Bath • 103 m² • Floor 1

€289,000

AI Analyst
Long-term Rental

"Well-located 3-bedroom apartment in Alicante’s Centro Tradicional offers strong rental demand and future appreciation potential, but lacks modern amenities and requires value-add upgrades to maximize returns."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathroom; update finishes; consider adding a second bathroom if feasible
Pros
  • Prime city center location with excellent access to amenities and transport
  • Strong rental demand and solid gross yield potential (~5.8%)
  • Spacious 103 m² layout with good natural light
Cons
  • First floor without elevator may limit tenant pool and resale value
  • Only one bathroom for a 3-bedroom unit reduces appeal
  • Likely requires modernization to achieve market rents
Description

Sunhome Alicante presents this central 103 m2 first-floor apartment without an elevator with great appreciation potential. The property has 103 m2 built, distributed in 3 bedrooms, 1 bathroom, a bright living-dining room, and an independent kitchen. Located in an excellent area, with easy access to public transport, shops, schools, and all the necessary services for daily life, which guarantees comfort and quality of life. A unique opportunity to live in the center or invest in a property with great future projection. Don't miss the opportunity to live near the sea and enjoy all the comforts of the city center. ** Our offers are not contractual and may contain errors. ** We provide comprehensive assistance throughout the entire process of buying and selling your property. We have external advisors in fiscal and legal matters. Our services include obtaining the NIE (foreigner identification number), mortgage loans (up to 100% financing), investment projects, obtaining tourist licenses, technical diagnostic reports, community regulations, division declarations, modifications, registrations, and succession matters. Act quickly, because this exceptional sales opportunity will not last long on the market! Contact us for more information and viewings!

Features
Elevator
Exterior
Investment Summary
Purchase Price €289,000
Taxes (ITP 10%) + €28,900
Notary Fees + €2,428
Registry Fees + €925
Gestoría Fees + €867
Valuation + Other + €339

Total Investment €322,458
Est. Monthly Rent €1,404/mo
Est. Annual Rent €16,851/yr

Est. Yield 5.23%
Days on Market
5
First seen
2026-05-04
View on Idealista