Active ID: 111589070 Centro Tradicional

Flat / apartment for sale in Centro Tradicional

1 Bed • 1 Bath • 91 m² • Floor 2

€280,000

AI Analyst
Long-term Rental

"Renovated 91 m² apartment in Alicante’s city center, originally 3 bedrooms, now 1 with potential for a second. Prime location near amenities and 1 km from the sea, offering strong rental appeal and value-add opportunity."

Negotiation Leverage Balanced
Value Add Reconvert to 2 bedrooms to boost rental yield
Pros
  • Prime city center location near El Corte Inglés and Plaza de la Montañeta
  • Recently renovated, move-in ready with private terrace
  • Strong rental demand and proximity to sea (1 km)
Cons
  • Currently only 1 bedroom, limiting rental income
  • West-facing may reduce natural light in mornings
  • Potentially high acquisition costs due to taxes and fees
Description

Apartment for sale in Alicante City Center. Discover your new home! This charming, renovated apartment is located in the heart of Alicante city center, just steps from the famous El Corte Inglés department store and Plaza de la Montañeta. With a constructed area of 91 m2 and a usable area of 87 m2 (originally a 3-bedroom apartment), this bright, west-facing space offers a spacious living room ideal for enjoying unforgettable moments with loved ones. It features a cozy double bedroom , perfect for couples or as a profitable investment . It's ready to be converted into a second bedroom with minimal investment. In addition, enjoy the comfort of its private terrace where you can relax after work. The property is close to essential services: schools , hospitals , and shopping centers , all within a short walk. And the best part.. . you're only 1000 meters from the sea! Don't miss this unique opportunity; contact us today for more information. LEGAL NOTICE** *Legal notice: the information described is for informational purposes only, is not legally binding, and may contain errors. * The price indicated does not include the expenses and taxes inherent to the acquisition, which are detailed below: - Property Transfer Tax (ITP): The tax rate in force in the Valencian Community will be applied (generally 9%, without prejudice to reduced rates of 8%, 6%, 4% and 3% depending on the buyer's personal circumstances or those of the property). The tax is levied on the Cadastral Reference Value or the sale price, whichever is higher. - Notary Fees: The fees will be calculated according to the official tariff regulated in Annex I of Royal Decree 1426/1989. - Land Registry Fees: The registration fee will be billed according to the official tariff established in Annex I of Royal Decree 1427/1989. - Agency Fees: The fees for administrative processing, tax settlement and registration will be paid by the buyer. - Agency fees: payable by the owner - For more information on ITP tax rates and reductions, please consult the official website of the Valencian Tax Agency:.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €280,000
Taxes (ITP 10%) + €28,000
Notary Fees + €2,352
Registry Fees + €896
Gestoría Fees + €840
Valuation + Other + €339

Total Investment €312,427
Est. Monthly Rent €1,210/mo
Est. Annual Rent €14,516/yr

Est. Yield 4.65%
Days on Market
90
First seen
2026-05-29
View on Idealista