Active ID: 111630940 Centro Tradicional

Flat / apartment for sale in Calle Bazán, 48

5 Bed • 2 Bath • 173 m² • Floor 6

€440,000

AI Analyst
Long-term Rental

"Spacious 173 m² apartment in Alicante’s prime Centro-Tradicional area offers five bedrooms, abundant natural light, and exclusivity with only one unit per floor—ideal for value retention and flexible layouts in a supply-constrained urban core."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms; update finishes for premium rental positioning
Pros
  • Prime central location with strong long-term demand
  • Large size and flexible layout suitable for families or professionals
  • Exclusivity—only one apartment per floor enhances privacy and value
Cons
  • No on-site parking, requiring reliance on nearby facilities
  • Partially renovated—additional capital expenditure needed for full modernization
  • Gross rental yield (~5.8%) is moderate for the price point, limiting short-term upside
Description

Some properties stand out for their location. Others for their square footage. And a few, very few, manage to combine both. This magnificent home located in the Calle Bazán area represents an exceptional opportunity for those seeking spaciousness, brightness, and a privileged location in the center of Alicante. With 173 m2 of built area, five bedrooms, two bathrooms, a terrace, an elevator, and the exclusivity of having only one apartment per floor, we are looking at a property that is increasingly difficult to find in today's market. Because square meters cannot be manufactured. Natural light cannot be added later. And a consolidated location in the heart of the city is a privilege that retains its value over the years. From the very first moment, this home conveys a sense of space that surprises. Each room offers spaciousness, comfort, and multiple layout possibilities to adapt to any lifestyle. It is the ideal home for families who need real space, for those who work from home and wish to have independent offices, or for buyers looking for a property with character and a personality of its own. Imagine waking up every morning in a home flooded with natural light. Opening the windows and enjoying a pleasant feeling of spaciousness and tranquility. Having a coffee on the terrace as the city begins to come to life. Enjoying a privileged location where everything is within your reach. One of the most attractive aspects of this property is precisely its extraordinary location. Situated in one of the most practical and sought-after areas of Alicante's city center, it allows you to enjoy all the necessary daily services just a few minutes away. Supermarkets, shops, schools, restaurants, cafes, pharmacies, medical centers, public transport, and leisure areas are all very close by, facilitating a quality of life that is hard to match. Here, you can forget about long commutes. You will be able to carry out many of your daily activities on foot, enjoying the authentic urban lifestyle that Alicante offers. Furthermore, the fact that there is only one apartment per floor provides an extraordinary differential value: more privacy, tranquility, less noise, and less neighbor traffic. A sense of exclusivity that is increasingly difficult to find in traditional residential buildings. Currently, the property is partially renovated, which allows you to enjoy improvements already made while offering the possibility of customizing certain areas according to the tastes and needs of the future owner. The home already has an excellent foundation: spaciousness, location, brightness, a terrace, and layout. From there, the possibilities are practically unlimited. Those with vision will immediately appreciate the enormous potential of this property. The property does not have its own garage, although there are different parking options and nearby parking facilities that allow for convenient parking solutions. ? VERY IMPORTANT EXPENSES AND TAXES (NOT INCLUDED IN THE PRICE) Advertised sale price: €440,000 The indicated price corresponds exclusively to the property and does not include the expenses and taxes derived from the sale. The following items will be added to the final price agreed upon by the parties: • Property Transfer Tax (ITP) According to current regulations in the Valencian Community and the personal circumstances of the buyer. Example based on €440,000: • General rate 9%: €39,600 The applicable rate will depend on the tax profile of the buyer and the regulations in force at the time of the transfer. • Notary, Registry, and Administrative Agency fees Amount.

Features
Elevator
Parking
Exterior
Investment Summary
Purchase Price €440,000
Taxes (ITP 10%) + €44,000
Notary Fees + €3,696
Registry Fees + €1,408
Gestoría Fees + €1,320
Valuation + Other + €339

Total Investment €490,763
Est. Monthly Rent €2,143/mo
Est. Annual Rent €25,716/yr

Est. Yield 5.24%
Days on Market
8
First seen
2026-06-02
View on Idealista