Active ID: 111594562 Centro Tradicional

Flat / apartment for sale in Centro Tradicional

3 Bed • 2 Bath • 111 m² • Floor 4

€380,000

AI Analyst
Long-term Rental

"Well-located 3-bedroom apartment in Alicante’s Centro Tradicional, offering a balcony, elevator, and proximity to amenities—an attractive asset for stable urban rental demand and long-term value retention."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms to increase rental yield and tenant appeal.
Pros
  • Prime city center location near amenities and transport
  • Functional 3-bedroom, 2-bath layout with balcony
  • Elevator and exterior orientation enhance desirability
Cons
  • Rental yield is moderate relative to purchase price
  • Potential need for interior modernization
  • Competition from similar central apartments may limit pricing power
Description

Fantastic apartment for sale on Calle Navas, featuring a spacious living-dining room with direct access to a pleasant balcony, ideal for enjoying an outdoor space in the heart of the city. The property has 3 bedrooms, two of them double and one single, offering a comfortable and functional layout. It also has 2 large full bathrooms and a separate kitchen with a utility room, perfect as a laundry and storage area. Located in a privileged setting, very close to Avenida Alfonso X El Sabio, surrounded by all kinds of services: shops, restaurants, supermarkets, public transport, medical centers, and just a few minutes from the port and the Explanada. An excellent location for both living and investing. The property stands out for its central location, its comfort, and the added value of living in one of the most sought-after areas of traditional Alicante city center, ideal for those looking to enjoy the city with all services at their fingertips.

Features
Elevator
Terrace/Balcony
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €380,000
Taxes (ITP 10%) + €38,000
Notary Fees + €3,192
Registry Fees + €1,216
Gestoría Fees + €1,140
Valuation + Other + €339

Total Investment €423,887
Est. Monthly Rent €1,499/mo
Est. Annual Rent €17,988/yr

Est. Yield 4.24%
Days on Market
12
First seen
2026-05-29
View on Idealista