Active ID: 111355372 Centro Tradicional

Flat / apartment for sale in Teatro, Del

3 Bed • 1 Bath • 80 m² • Floor 4

€267,000

↓ 4.6% from €280,000
€267,000 2026-06-08
€270,000 2026-05-22
€280,000 2026-05-04
AI Analyst
Long-term Rental

"Prime 80 m² apartment in Alicante’s historic center with high ceilings, terrace, and elevator. Offers strong location-driven value and renovation upside, ideal for investors seeking long-term appreciation and stable rental demand."

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
  • Flexible 3-bedroom layout with terrace and elevator
Cons
  • Kitchen and bathrooms require renovation
  • 1961 building may have higher maintenance costs
  • Rental yield is moderate relative to purchase price
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, making it 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. Property from 1961. Homes from the 60s in the center of Alicante are a "gem" if you are looking for location, spaciousness, and long-term profitability. Buying a 60s apartment in the center of Alicante is an intelligent real estate strategy that combines location, construction quality, uniqueness, and high potential for appreciation. 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 €267,000
Taxes (ITP 10%) + €26,700
Notary Fees + €2,243
Registry Fees + €854
Gestoría Fees + €801
Valuation + Other + €339

Total Investment €297,937
Est. Monthly Rent €1,379/mo
Est. Annual Rent €16,543/yr

Est. Yield 5.55%
Days on Market
47
First seen
2026-05-04
View on Idealista