Active ID: 111949053 Casco Hist├│rico

Flat / apartment for sale in Calle Teniente Daoiz, 1

4 Bed • 2 Bath • 136 m² • Floor 1

€270,000

↓ 12.3% from €308,000
€270,000 2026-07-27
€278,000 2026-07-25
€308,000 2026-07-08
AI Analyst
Long-term Rental

"Prime central Alicante apartment with 136 m² built area, excellent layout, and strong value-add potential through renovation. Located on Avenida Alfonso X El Sabio, it offers proximity to transport, retail, and leisure, making it attractive for both end-users and investors."

Negotiation Leverage Balanced
Value Add Full interior renovation to modern standards (kitchen, bathrooms, open-plan living)
Pros
  • Outstanding central location with high tenant demand
  • Large, flexible floorplan suitable for premium renovation
  • Building with doorman and elevators enhances rental appeal
Cons
  • Requires significant capital expenditure for renovation
  • No terrace or outdoor space, limiting appeal to some tenants
  • Potential for higher vacancy risk if overcapitalized in a competitive market
Description

Apartment with great potential in the heart of Alicante. Spacious home of 136 m² built (107 m² useful) located on the prestigious Avenida Alfonso X El Sabio, one of the best locations in the center of Alicante. Located in a building with a doorman and two elevators, surrounded by all services: Central Market, TRAM, El Corte Inglés, shops, restaurants, and leisure areas, all within walking distance. Thanks to its excellent layout and spaciousness, it offers multiple renovation possibilities. There is an attractive project to convert it into an exclusive home with 3 double bedrooms, 2 bathrooms (one en suite), and a spectacular day area of over 55 m² with an open-plan kitchen, dining room, and living room. A unique opportunity to design a modern and personalized home in one of the most sought-after areas of Alicante. Ideal for both a primary residence and an investment, with great potential for revaluation.

Features
Elevator
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €270,000
Taxes (ITP 10%) + €27,000
Notary Fees + €2,268
Registry Fees + €864
Gestoría Fees + €810
Valuation + Other + €339

Total Investment €301,281
Est. Monthly Rent €2,470/mo
Est. Annual Rent €29,640/yr

Est. Yield 9.84%
Days on Market
32
First seen
2026-07-08
View on Idealista