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, modern amenities, and strong rental appeal due to its exclusive address and functional layout."

Negotiation Leverage Balanced
Value Add Update kitchen and bathrooms for higher rental yield
Pros
  • Prime central location with high demand for rentals
  • Modern building with elevator and only one unit per floor
  • Functional 2-bed, 2-bath layout ideal for professionals or couples
Cons
  • Small size (60 m²) may limit tenant pool
  • No mention of parking, which could deter some renters
  • Potential for noise due to vibrant urban setting
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 €1,202/mo
Est. Annual Rent €14,428/yr

Est. Yield 4.79%
Days on Market
47
First seen
2026-05-04
View on Idealista