Flat / apartment for sale in Calle Castaños
2 Bed • 2 Bath • 80 m² • Floor 2
AI Analyst
Long-term Rental"Prime 2-bedroom apartment in Alicante’s vibrant city center, offering modern finishes, abundant natural light, and optional garage—an attractive asset for investors seeking stable urban demand and minimal renovation needs."
Pros
- •Exceptional central location with high tenant demand
- •Modern construction (2003) and recent updates (2023) minimize capex
- •Optional garage adds rare value in city center
Cons
- •Gross rental yield is low (~2.6%), limiting cash flow
- •Premium price per m² for area; potential for limited appreciation
- •Garage is not included in price, raising total investment
Description
*****A UNIQUE OPPORTUNITY TO LIVE IN THE HEART OF THE CITY WITH ALL AMENITIES***** *****EXCLUSIVE HOME IN THE HEART OF ALICANTE, 80 m2 with GARAGE SPACE (OPTIONAL) in the heart of Alicante***** Usable area HOME = 67.23 m2 usable + BALCONY 1.50 m2 usable = 68.73 m2 Built area HOME = 77.63 m2 usable + BALCONY 1.74 m2 usable = 79.37 m2 GARAGE SPACE of 15 m2 Located in the heart of Alicante, on Calle Castaños, this magnificent home combines a privileged location, excellent construction quality, and maximum comfort in one of the most sought-after areas of the city. With 80 m² built, completely exterior, it stands out for its extraordinary luminosity, a characteristic very unusual in the urban center. The home does not have interior patios, allowing all rooms to enjoy cross-ventilation and abundant natural light throughout the day. The distribution, modern and functional, is perfectly utilized: *2 double bedrooms with built-in wardrobes (master suite type) *2 full bathrooms *Spacious corner living-dining room with access to a balcony *Independent, spacious kitchen with an auxiliary gallery The bedrooms face a quiet and silent street, ideal for rest, while the living room enjoys unobstructed views of one of Alicante's most representative and dynamic streets, Calle Castaños. NOISE-FREE HOME VERY QUIET BUILDING The building, constructed in 2003, stands out for its solid construction quality and excellent features: high-level thermal and acoustic insulation, high energy efficiency, and high-quality materials. The home also features: *Marble flooring *Centralized hot/cold air conditioning *Radiator heating Renovation carried out in 2023 of lighting, sanitary ware, and plumbing. GARAGE SPACE (OPTIONAL) for €50,000 in the same building, with direct access by elevator and ample space for both a car and a motorcycle, a true luxury in the heart of Alicante. An ideal property for both a primary residence and an investment, thanks to its excellent location, luminosity, and construction quality. Ready to move in.