Active ID: 111636448 Centro Tradicional

Flat / apartment for sale in Calle Canalejas

3 Bed • 2 Bath • 83 m² • Floor 1

€370,000

AI Analyst
Long-term Rental

"Well-located 3-bedroom, 2-bath apartment in Alicante’s Centro-Tradicional offers immediate rental appeal, modern finishes, and proximity to amenities, making it a strong candidate for stable urban rental income."

Negotiation Leverage Balanced
Value Add Minor cosmetic upgrades to kitchen and bathrooms could enhance rental yield
Pros
  • Prime city center location with high tenant demand
  • Ready-to-move-in condition reduces upfront renovation costs
  • Functional layout with en-suite and interior patio adds tenant appeal
Cons
  • Gross yield (~4.5%) is moderate for the area, limiting upside
  • No terrace or balcony, which may deter some tenants
  • Interior patio may limit natural light in some rooms
Description

Discover this fantastic apartment right in the city center, an ideal home for those seeking space, comfort, and the advantage of living surrounded by all the daily services and amenities. A privileged location where you can enjoy authentic urban life, with shops, supermarkets, cafes, restaurants, leisure areas, schools, pharmacies, and public transport just a few minutes' walk away, practically allowing you to forget about the car. The property has 3 spacious bedrooms and 2 full bathrooms, one of them en-suite within the master bedroom, providing extra privacy and comfort. It also features a pleasant interior patio with direct access from two of the bedrooms, a perfect space to create a relaxation area, a reading nook, or even a green corner within the home. The living room is spacious and bright, ideal for enjoying with family or friends, while the separate kitchen with a utility room offers a very practical and functional layout for daily life. The property has white interior carpentry, adding brightness, a sense of spaciousness, and a modern and cozy style. Located in a consolidated and highly sought-after area, surrounded by parks, green spaces, and areas for walking or enjoying with children, it perfectly combines tranquility with the convenience of having everything within reach. Furthermore, the wide range of restaurants in the area allows you to enjoy terraces, cafes, and restaurants for all tastes just a few steps from home. A perfect home for families and for those who wish to live in the center with space, comfort, and all the advantages of an unbeatable location. Ready to move in and start a new chapter from day one. The indicated price 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 10%), without prejudice to reduced rates of 8%, 6%, 4%, and 3% depending on the personal circumstances of the buyer or the property. The tax is accrued on the Cadastral Reference Value or the sale price, whichever is higher. Notary Fees: Fees will be calculated according to the official tariff regulated in Annex/, of R.D. 1426/1989. Registry Fees: Registration fees will be billed according to the official tariff established in ANNEX/, of R.D. 1427/1989. Management Fees (Gestoría): Fees for administrative processing, tax settlement, and registration amount to between €300-€400 (VAT included). Agency Fees: To be paid by the owner. For exhaustive information on ITP tax rates and exemptions, you can consult the official portal of the Valencian Tax Agency: https:llatv.gva.esleslitpaid * THIS ADVERTISEMENT MAY CONTAIN ERRORS AND THE CONTENT IS NOT BINDING. IT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT CONTRACTUAL.

Features
Elevator
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €370,000
Taxes (ITP 10%) + €37,000
Notary Fees + €3,108
Registry Fees + €1,184
Gestoría Fees + €1,110
Valuation + Other + €339

Total Investment €412,741
Est. Monthly Rent €1,395/mo
Est. Annual Rent €16,741/yr

Est. Yield 4.06%
Days on Market
8
First seen
2026-06-02
View on Idealista