Active ID: 111419658 Centro Tradicional

Flat / apartment for sale in Plaza Calvo Sotelo

3 Bed • 2 Bath • 132 m² • Floor 7

€1,190,000

AI Analyst
Long-term Rental

"Recently renovated, high-end 3-bedroom apartment in Alicante’s Centro Tradicional, offering modern finishes, abundant natural light, and a prime location with terrace—ideal for discerning tenants or owner-occupiers seeking urban convenience."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Prime city center location with strong tenant demand
  • Fully renovated, move-in ready with modern finishes
  • Excellent natural light and private terrace enhance appeal
Cons
  • Gross rental yield is low (~1.7%), limiting cash flow
  • High entry price for local market may constrain appreciation
  • Limited value-add opportunities due to recent renovation
Description

Elegant home for sale located in one of the best areas of the city, perfect for those seeking comfort, spaciousness, and an excellent location. The apartment has been recently renovated with high-quality materials and a contemporary design that combines style and functionality in every corner. The home features a spacious and very bright living-dining room, integrated with a modern, fully equipped open-plan kitchen, creating a cozy and practical atmosphere for everyday life. From this room, you can access a pleasant terrace ideal for enjoying moments of relaxation or outdoor gatherings. It has three spacious bedrooms, all with excellent natural light, and two full bathrooms with modern finishes. The master bedroom stands out for its size and comfort, also offering a perfectly integrated storage area. Thanks to its orientation and being completely exterior, the home enjoys natural light throughout the day, providing a great sense of well-being and spaciousness. The location is excellent, surrounded by all types of services such as supermarkets, schools, restaurants, public transport, and commercial areas, allowing you to enjoy all the amenities without the need for long commutes. An ideal opportunity to live in a modern, bright home ready to move into.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €1,190,000
Taxes (ITP 10%) + €119,000
Notary Fees + €9,996
Registry Fees + €3,808
Gestoría Fees + €3,570
Valuation + Other + €339

Total Investment €1,326,713
Est. Monthly Rent €1,701/mo
Est. Annual Rent €20,411/yr

Est. Yield 1.54%
Days on Market
1
First seen
2026-05-10
View on Idealista