Active ID: 111969527 Centro Tradicional

Flat / apartment for sale in Centro Tradicional

1 Bed • 2 Bath • 91 m² • Floor 4

€395,000

AI Analyst
Long-term Rental

"Prime corner apartment in Alicante’s Centro Tradicional, offering abundant natural light, modern amenities, and walkable access to culture, dining, and the beach—an attractive urban asset with strong rental appeal but limited by its single-bedroom layout."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathroom to increase rental yield
Pros
  • Exceptional city-centre location with high walkability and access to amenities
  • Corner orientation provides excellent natural light and ventilation
  • Fourth-floor position with elevator enhances desirability for tenants
Cons
  • Single bedroom limits target tenant pool and potential rental income
  • Price per square meter is high for the area, compressing yield
  • Pending cadastral regularization introduces minor legal uncertainty
Description

Exclusive: Magnificent Corner Apartment — Calle Castaños, Alicante D'AMÉCOUR & PARTNERS presents this magnificent opportunity right in the heart of the city: an apartment on the corner (chaflán) of the well-known Calle Castaños and Calle Pascual Pérez, in the liveliest part of central Alicante. Despite its prime proximity to the Mercado Central, the home enjoys a quiet setting, away from nighttime bustle and noise from bars and nightlife areas, ensuring peaceful rest right in the city centre. This corner of the city is the very definition of urban living: just steps from the historic Teatro Principal and the buzzing pedestrian area known for its "tardeo" scene and exclusive shops, the neighbourhood blends the charm of Alicante's old town with all the amenities of a modern Mediterranean capital. Its streets are lined with some of the city's best restaurants, tapas bars and sunny terraces, and just minutes away sits the Mercado Central, a modernist gem and the gastronomic heart of the city, along with the flagship stores of Avenida Maisonnave. Located on the 4th floor, the home stands out for its excellent natural light and open views over one of the city's most sought-after areas. Property features: • Size: 91.39 m2 (including common areas) • Living room: spacious 20 m2 living room, with a great sense of space and natural light • Floor: 4th floor with lift • Orientation: corner property, ensuring optimal natural ventilation • Community fees: 3.04% share of community expenses Location and amenities (everything on foot): Living at the intersection of Castaños and Pascual Pérez means enjoying Alicante without needing a car: • Culture and leisure: steps from the Teatro Principal and the liveliest pedestrian area • Dining: surrounded by the city's best restaurants, tapas bars and terraces • Shopping: less than 5 minutes from the Mercado Central and Avenida Maisonnave • Transport: immediate access to the TRAM (Luceros/Mercado), connecting to the beaches and the university, plus nearby direct bus lines to the airport • Beach and sea: just 10 minutes on foot from the Explanada de España and Postiguet Beach Note: individual cadastral reference pending regularisation (not reflected in the original deed). Contact us now to arrange a viewing or receive more information. We assist you throughout the entire purchase process and work with tax and legal experts to ensure a safe, transparent transaction. Our services: NIE processing · Mortgages up to 100% financing · Investment projects and tourist licences · Technical studies and diagnostics · Community regularisation and notarial procedures. Legal information: In compliance with Decree 98/2022 of the Consell de la Comunitat Valenciana, full property documentation is available: updated land registry extract, energy performance certificate, IBI (property tax) receipt, community certificate and information on any charges or encumbrances, if applicable. The price excludes: VAT (10%), AJD Stamp Duty (approx. 1.5%), notary fees (est. €900), Land Registry fees (est. €400) and gestoría fees (est. €350). Purely informative, non-contractual listing, subject to errors, omissions or modifications.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €395,000
Taxes (ITP 10%) + €39,500
Notary Fees + €3,318
Registry Fees + €1,264
Gestoría Fees + €1,185
Valuation + Other + €339

Total Investment €440,606
Est. Monthly Rent €1,208/mo
Est. Annual Rent €14,498/yr

Est. Yield 3.29%
Days on Market
0
First seen
2026-07-11
View on Idealista