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 potential, with elevator access and air conditioning, but requires modernization to maximize rental yield and appeal to urban professionals or students."
Negotiation
Leverage
Balanced
Value Add
Modernize kitchen and bathroom, optimize layout for shared living
Pros
- •Prime central location in Alicante
- •Large number of rooms ideal for coliving
- •Elevator and air conditioning increase tenant appeal
Cons
- •Only one bathroom limits functionality for multiple tenants
- •No terrace or outdoor space
- •Likely requires renovation to achieve market rents
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
€1,576/mo
Est. Annual Rent
€18,907/yr
Est. Yield
3.57%
Low
(107 Comps)
Days on Market
87
First seen
2026-06-01