Active ID: 111514865 Centro Tradicional

Flat / apartment for sale in Avenida de Ramón y Cajal, 1

3 Bed • 2 Bath • 163 m² • Floor 1

€340,000

AI Analyst
Long-term Rental

"Spacious 163 sqm apartment in Alicante’s prime city center, opposite Canalejas Park and near the sea, offers modern amenities, security, and accessibility—an attractive asset for stable, long-term rental demand in a sought-after urban location."

Negotiation Leverage Balanced
Value Add Minor cosmetic upgrades to kitchen and bathrooms for premium positioning
Pros
  • Prime city center location with sea views and park proximity
  • Large, well-distributed interior with suite and dressing room
  • Modern building amenities: elevators, surveillance, doormen, accessibility
Cons
  • No exterior orientation or terrace limits natural light and outdoor space
  • Living room expansion reduced original terrace area
  • Premium price point may limit yield versus smaller units
Description

Alicante, center Avda. Ramón y Cajal (opposite Canalejas park). Large apartment of 163 sqm, 3 bedrooms and 2 bathrooms (1 suite). Master bedroom with bathroom and dressing room. Spacious living room (they gave the terrace to it) independent kitchen with utility room. Floating floor, beech door, armored door, climalit windows, air conditioning. Very well-maintained building, adapted for people with reduced mobility, recently renovated elevators, surveillance cameras and two physical doormen. All in perfect condition to move into. The location is perfect, city center, next to Canalejas park and facing the sea...

Features
Elevator
Air Conditioning
Fitted Wardrobes
Investment Summary
Purchase Price €340,000
Taxes (ITP 10%) + €34,000
Notary Fees + €2,856
Registry Fees + €1,088
Gestoría Fees + €1,020
Valuation + Other + €339

Total Investment €379,303
Est. Monthly Rent €2,152/mo
Est. Annual Rent €25,823/yr

Est. Yield 6.81%
Days on Market
2
First seen
2026-05-21
View on Idealista