Active
ID: 111577276
Centro Tradicional
Flat / apartment for sale in Plaza de los Luceros, 1
3 Bed • 2 Bath • 109 m² • Floor 3
€520,000
AI Analyst
Long-term Rental"Prime central Alicante apartment in a classic building with high ceilings and period flooring, offering three bedrooms and modern amenities. Strong location appeal but limited by single bathroom and modest rental yield."
Negotiation
Leverage
Balanced
Value Add
Modernize kitchen and bathrooms to increase rental appeal
Pros
- •Prestigious central location (Plaza de los Luceros)
- •Classic architectural features (high ceilings, hydraulic floors)
- •Elevator access enhances tenant appeal
Cons
- •Rental yield is modest relative to purchase price
- •Only one full bathroom limits suitability for sharers
- •No terrace or outdoor space, which may reduce demand
Description
Property in the centre of alicante Classic building, high ceilings and hydraulic floors. three bedrooms, a bathroom and a toilet. Third floor with lift.
Features
Elevator
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price
€520,000
+ Fees & Taxes
+ €59,931
Taxes (ITP 10%)
+ €52,000
Notary Fees
+ €4,368
Registry Fees
+ €1,664
Gestoría Fees
+ €1,560
Valuation + Other
+ €339
Total Investment
€579,931
Est. Monthly Rent
€1,479/mo
Est. Annual Rent
€17,742/yr
Est. Yield
3.06%
High
(61 Comps)
Days on Market
12
First seen
2026-05-29