Active ID: 111329622 Centro Tradicional

Flat / apartment for sale in Calle Barón de Finestrat Nn

3 Bed • 1 Bath • 103 m² • Floor 1

€289,000

AI Analyst
Long-term Rental

"Prime 3-bedroom apartment in Alicante’s Centro-Tradicional, offering flexible layout and strong location fundamentals near the beach, shops, and services. Solid rental demand and value retention make this a compelling urban investment opportunity."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms to maximize rental yield
Pros
  • Excellent central location with stable demand
  • Flexible layout for value-add renovations
  • Proximity to beach and urban amenities
Cons
  • First floor may limit views and light
  • Likely need for interior modernization
  • Potential noise due to central location
Description

This home, located in the area of Castaños street and Plaza de Correos, represents a concrete way of understanding the city: everything close, everything accessible, everything in balance between activity and comfort. Located on the first floor and with 102 m² built, the property offers a solid base on which to project a tailor-made home. Its current layout allows for different reorganization possibilities, adapting to both residential use and an investment in one of the areas with the greatest demand stability. The surroundings combine the traditional architecture of the center with a consolidated offering of restaurants, shops, and services. A few minutes' walk from the beach and the main urban axes, it is a location that maintains its value over time. A property for those who understand that, in certain locations, potential is not explained: it is recognized.

Features
Elevator
Terrace/Balcony
Air Conditioning
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
2
First seen
2026-05-04
View on Idealista