Active
ID: 111626437
Centro Tradicional
Flat / apartment for sale in Calle Castaños
6 Bed • 2 Bath • 119 m²
€475,000
AI Analyst
Coliving"Spacious 6-room flat in Alicante’s Centro-Tradicional offers strong coliving or multi-tenant potential, with elevator access and air conditioning enhancing appeal. Central location supports stable demand, but single bathroom limits premium rental strategies."
Negotiation
Leverage
Balanced
Value Add
Add additional bathroom(s) and modernize interior for higher yield
Pros
- •Prime central location in Alicante
- •Large 119 m² layout with 6 rooms
- •Elevator and air conditioning included
Cons
- •Only one bathroom for six rooms limits rental flexibility
- •No terrace or outdoor space
- •Potentially high initial renovation costs for value-add
Description
Flat for sale in Alicante/Alacant, with 119 m², 6 rooms and 1 bathrooms, Storage room, Lift and Air conditioning.
Features
Elevator
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price
€475,000
+ Fees & Taxes
+ €54,774
Taxes (ITP 10%)
+ €47,500
Notary Fees
+ €3,990
Registry Fees
+ €1,520
Gestoría Fees
+ €1,425
Valuation + Other
+ €339
Total Investment
€529,774
Est. Monthly Rent
€1,593/mo
Est. Annual Rent
€19,111/yr
Est. Yield
3.61%
Low
(93 Comps)
Days on Market
9
First seen
2026-06-01