Active ID: 111355372 Centro Tradicional

Flat / apartment for sale in Teatro, Del

3 Bed • 1 Bath • 80 m² • Floor 4

€280,000

AI Analyst
Long-term Rental

"Prime 80 m² apartment in Alicante’s Centro-Tradicional with high ceilings, terrace, and elevator. Strong location appeal and flexible layout offer significant upside through targeted renovations, making it attractive for both long-term rental and value appreciation."

Negotiation Leverage Balanced
Value Add Renovate kitchen and bathrooms to modern standards
Pros
  • Exceptional central location near Explanada and port
  • High ceilings and abundant natural light enhance appeal
  • Building with elevator and exterior orientation
Cons
  • Kitchen and bathrooms require renovation
  • Only one full bathroom may limit tenant pool
  • Potential noise due to central, high-traffic area
Description

Spectacular apartment with high ceilings and great potential on Teatro Street. Located in an unbeatable location. This 80 m² property situated on the emblematic Calle del Teatro, in the heart of Alicante, is the opportunity you have been waiting for. The home stands out for its extraordinary luminosity and high ceilings, which provide a sense of elegance and spaciousness that is hard to find. Currently, the apartment is intelligently distributed to make the most of every corner: its spacious and cozy living room with air conditioning and direct access to a terrace. Bedrooms: It has 3 bedrooms (currently one of them is used as an additional living room, offering versatility according to your needs), a functional kitchen with a separate gallery, a full bathroom, and a practical guest toilet. The property is in good general condition and ready to move into, with the exception of the kitchen and bathrooms, it is ideal for a renovation project. Its high ceilings and layout allow for the creation of a modern home with the character of classic downtown buildings. Building with elevator. The entire apartment is exterior except for the guest toilet. Excellent location: a step away from the Explanada, the port, and the best services in the city of Alicante. Don't miss the opportunity to live or invest in one of the most sought-after areas of Alicante! This advertisement is purely informative and non-binding, therefore it does not constitute any contractual information, and its use is strictly commercial.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
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 €1,355/mo
Est. Annual Rent €16,255/yr

Est. Yield 5.2%
Days on Market
2
First seen
2026-05-04
View on Idealista