Active ID: 111552524 Centro Tradicional

Flat / apartment for sale in Calle Bazán Nn

3 Bed • 1 Bath • 80 m² • Floor 4

€249,000

AI Analyst
Long-term Rental

"Bright, well-located 3-bedroom apartment in Alicante’s Centro-Tradicional, offering modernized utilities, a balcony, and low running costs—ideal for investors seeking stable urban rental demand and long-term value retention."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms to increase rental yield
Pros
  • Prime city center location with strong rental demand
  • Recent updates to water and electricity pipes
  • Low community fees and annual property tax
Cons
  • Potential need for cosmetic upgrades to maximize value
  • Fourth floor may deter some tenants despite elevator
  • Limited market context data for precise yield benchmarking
Description

Brightness, space, and a privileged location in the heart of Alicante Property located on the emblematic Bazán street, an address that combines the elegance of Alicante tradition with the dynamism of the city center. Located on the fourth floor, we love this home for its exceptional brightness and clear views, which provide a great sense of openness and privacy, a highly valued asset in the urban center. Its 80 m² built (70 m² useful), with renovated water and electricity pipes, are distributed in a fluid and harmonious way, offering three bedrooms ideal for rest or for adapting a study or reading space. The heart of the home connects naturally with a generous outdoor balcony, the perfect corner we have selected for you to enjoy the Mediterranean climate. We complete the property with a practical independent gallery and air conditioning. Furthermore, it offers you extremely efficient economic management, with community fees of only 35 euros per month and an IBI of 165 euros annually. The experience of living in the center For us, residing in this stretch of Bazán street means being part of authentic Alicante life. A few meters from the vitality of Plaza Nueva and the pedestrian charm of Castaños street, it offers an unparalleled quality of life. Here, internationally renowned gastronomy—with the iconic Nou Manolín just around the corner, coexisting with traditional commerce and proximity to the Teatro Principal. One of the great virtues we always highlight about this neighborhood is its balance: the cultural and commercial bustle dissipates upon entering this residential stretch of the street, allowing its inhabitants to enjoy quiet afternoons and peaceful walks. It is an environment where we still greet lifelong neighbors at the market and where everything necessary for daily life can be found just a few steps from your doorstep. Our Guarantee and Legal Security At Diaz Villanueva Real Estate, we understand that buying a home requires the utmost transparency and professional rigor. Therefore, we offer you our qualification as a Registered Judicial Real Estate Expert (No. 0133 of APJEDE and No. A651 of APIAL), and we are registered in the Registry of Intermediaries of the Valencian Community with the number RAICV 6397. For your complete peace of mind, we back all our operations with professional liability insurance and fully guarantee them through credit and surety insurance. You can call us any day to arrange a private visit with us and personally assess this property.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €249,000
Taxes (ITP 10%) + €24,900
Notary Fees + €2,092
Registry Fees + €797
Gestoría Fees + €747
Valuation + Other + €339

Total Investment €277,874
Est. Monthly Rent €1,379/mo
Est. Annual Rent €16,543/yr

Est. Yield 5.95%
Days on Market
12
First seen
2026-05-29
View on Idealista