Active ID: 111293430 Centro Tradicional

Flat / apartment for sale in Calle Castaños, 21

2 Bed • 2 Bath • 69 m² • Floor 4

€280,000

AI Analyst
Long-term Rental

"Prime two-bedroom, two-bath apartment in Alicante’s vibrant city center, offering strong rental appeal due to its rare dual-bathroom layout, abundant natural light, and sought-after location on Calle Castaños. Ideal for investors seeking stable urban demand."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms to maximize rental yield
Pros
  • Central location with high rental demand
  • Two bathrooms increase tenant appeal
  • Abundant natural light and functional layout
Cons
  • Premium pricing for central location
  • Limited size at 69 m² may restrict tenant profile
  • Potential need for interior modernization
Description

Extraordinary investment in Alicante city center Discover this magnificent home located on one of the most iconic streets in central Alicante, the sought-after Castaños Street. Situated on the fourth floor with elevator, this property stands out for its brightness and excellent layout, offering a comfortable and functional space in the very heart of the city. With 59 m² built, the apartment has two bedrooms and two full bathrooms, an unusual feature that adds value and great convenience both for personal use and for investment. The property offers a welcoming living area with abundant natural light, as well as a separate kitchen of practical size, perfectly integrated into the overall design. Its orientation and height ensure pleasant natural light for much of the day, creating a warm and inviting atmosphere. An ideal property as a primary residence, second home, or investment with high rental demand.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
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 €1,217/mo
Est. Annual Rent €14,606/yr

Est. Yield 4.68%
Days on Market
47
First seen
2026-05-04
View on Idealista