Active ID: 111548361 Centro Tradicional

Flat / apartment for sale in Calle Castaños

2 Bed • 2 Bath • 80 m² • Floor 3

€550,000

AI Analyst
Long-term Rental

"Modern, luminous 2-bedroom apartment in Alicante’s prime Centro-Tradicional district, featuring high-quality construction, recent upgrades, and optional garage—offering rare tranquility and natural light in a vibrant urban core."

Negotiation Leverage Balanced
Value Add Minor cosmetic upgrades or furnishing for premium rental yield
Pros
  • Prime city center location with strong rental demand
  • High-quality, recent construction (2003) with modern amenities
  • Excellent natural light and quiet orientation despite central setting
Cons
  • Gross rental yield is low (~2.65%), limiting cash flow potential
  • Garage space is optional and adds significant cost
  • Limited value-add opportunities due to turnkey condition
Description

*****A UNIQUE OPPORTUNITY TO LIVE IN THE VERY CENTER WITH ALL AMENITIES***** *****EXCLUSIVE HOME IN THE VERY CENTER OF ALICANTE of 80 m2 with GARAGE SPACE (OPTIONAL) in the very CENTER 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 car and 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.

Features
Elevator
Terrace/Balcony
Air Conditioning
Parking
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €550,000
Taxes (ITP 10%) + €55,000
Notary Fees + €4,620
Registry Fees + €1,760
Gestoría Fees + €1,650
Valuation + Other + €339

Total Investment €613,369
Est. Monthly Rent €1,214/mo
Est. Annual Rent €14,570/yr

Est. Yield 2.38%
Days on Market
0
First seen
2026-05-23
View on Idealista