Active ID: 111374075 Centro Tradicional

Flat / apartment for sale in Plaza Nueva

2 Bed • 1 Bath • 62 m² • Floor 4

€210,000

AI Analyst
Long-term Rental

"Central Alicante apartment with renovation potential, offering flexible 2-bedroom layout and strong location near key amenities and attractions. Ideal for investors seeking value-add opportunities in a vibrant, high-demand urban setting."

Negotiation Leverage Balanced
Value Add Full interior renovation to modern standards, optimize layout for maximum rental appeal
Pros
  • Prime central location near major attractions and services
  • Elevator access enhances rental appeal
  • Flexible layout allows for value-add renovation
Cons
  • Requires significant renovation investment
  • No terrace or outdoor space, limiting premium rental potential
  • Potential competition from newer or already renovated units
Description

Property with great potential, ideal for developing a personalized project We present this property for renovation, ideal for those looking to design a tailor-made space The property offers a layout with the possibility of creating 2 bedrooms, has 1 bathroom and a separate kitchen, allowing for optimization of each space. Located in a central area, it is just a few minutes from the Central Market of Alicante, surrounded by shops, services, and local life. A short walk away you can enjoy the emblematic Explanada de España , the charm of Calle Castaños , and its proximity to Santa Bárbara Castle and green areas like Canalejas Park makes this location a perfect combination of comfort, leisure, and quality of life. A property with many possibilities, perfect for transforming into a unique home. Contact us for more information or to arrange a visit. We will be happy to help you. [IW].

Features
Elevator
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €210,000
Taxes (ITP 10%) + €21,000
Notary Fees + €1,764
Registry Fees + €672
Gestoría Fees + €630
Valuation + Other + €339

Total Investment €234,405
Est. Monthly Rent €1,183/mo
Est. Annual Rent €14,198/yr

Est. Yield 6.06%
Days on Market
1
First seen
2026-05-10
View on Idealista