Active ID: 111306501 Centro Tradicional

Flat / apartment for sale in Calle Castaños

2 Bed • 2 Bath • 60 m² • Floor 2

€270,000

AI Analyst
Long-term Rental

"Well-located 2-bedroom apartment in Alicante’s Centro-Tradicional, offering privacy and modern amenities in a vibrant urban setting. The property’s efficient layout, elevator access, and exclusive floor occupancy enhance its appeal for both residents and investors."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms to increase rental appeal
Pros
  • Prime central location on Castaños Street with strong tenant demand
  • Building with elevator and only one unit per floor enhances privacy
  • Two full bathrooms and terrace increase functionality and desirability
Cons
  • Relatively small size (60 m²) may limit tenant pool
  • Estimated gross yield (~5.4%) is moderate for the area
  • Potential need for interior modernization to maximize rental value
Description

Elegant home on exclusive Castaños Street Located in one of Alicante’s most iconic areas, this distinguished second-floor property combines privacy, comfort, and an excellent location. Set in a building with an elevator and only one dwelling per floor. The home has two bright bedrooms, with the main one featuring an en-suite bathroom, offering an intimate and functional space. In total, it has two full bathrooms, designed to provide comfort and practicality for everyday living. The office-style kitchen is a welcoming, well-utilized space, ideal for a modern lifestyle. The layout has been designed to make the most of every square meter, creating a balanced and harmonious atmosphere. A unique opportunity for those seeking a charming home in the very center, surrounded by services, shops, and the vibrant urban life that characterizes Castaños Street.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €270,000
Taxes (ITP 10%) + €27,000
Notary Fees + €2,268
Registry Fees + €864
Gestoría Fees + €810
Valuation + Other + €339

Total Investment €301,281
Est. Monthly Rent €1,212/mo
Est. Annual Rent €14,549/yr

Est. Yield 4.83%
Days on Market
2
First seen
2026-05-04
View on Idealista