Active ID: 112008334 Centro Tradicional

Flat / apartment for sale in Castaños

1 Bed • 2 Bath • 93 m² • Floor 4

€370,000

AI Analyst
Long-term Rental

"Modern, spacious 1-bedroom apartment in Alicante’s prime Centro-Tradicional area, offering abundant natural light, contemporary amenities, and proximity to beaches, shopping, and cultural attractions—ideal for urban professionals or executive tenants."

Negotiation Leverage Balanced
Value Add Upgrade kitchen and bathrooms for premium rental positioning
Pros
  • Prime city center location with high rental demand
  • Modern building (2004) with elevator and terrace
  • Spacious layout for a one-bedroom, including en-suite and guest bath
Cons
  • Single bedroom limits tenant pool and resale flexibility
  • Gross yield (~4%) is moderate for the region
  • Potential noise from vibrant pedestrian area
Description

Impressive and bright apartment in the heart of Alicante! If you are looking for an exclusive home that combines spaciousness, comfort, and an unbeatable location, this apartment on the emblematic Calle Castaños is perfect for you. Located on the fourth floor of a modern building constructed in 2004, this property stands out for its magnificent layout and its natural light. The property has a total built area of 93 m², of which 82 m² correspond exclusively to the living space and 11 m² to common elements, offering a generous and very well-utilized space for a one-bedroom property. Layout and details of the property: - En-suite bedroom: A spectacular and spacious master bedroom that includes its own private bathroom and a comfortable separate dressing room, designed to offer you maximum privacy and organization. - Living-dining room: A very spacious, cheerful, and extremely bright space, ideal for designing a relaxation area and a perfect dining room for entertaining guests. - Independent kitchen: A large room, ideal for cooking enthusiasts, with excellent storage capacity and workspace. - Guest toilet: A second bathroom perfect for daily use and for visitors, avoiding them having to access your master bedroom. About the location (Center of Alicante): Living on Calle Castaños means having the city at your feet. Located in the traditional center of Alicante (03001), you will find yourself in one of the most sought-after, dynamic, and safe pedestrian areas of the city. Just a step from your door, you will have access to the best gastronomic offerings, cafes, shops, the Teatro Principal, and all kinds of essential services (supermarkets, pharmacies, and public transport). Furthermore, Postiguet Beach and the famous Explanada de España promenade are just a few minutes' walk away. A unique opportunity to enjoy an urban and sophisticated lifestyle, as well as to make a safe investment in one of the most in-demand areas of Alicante! Do not hesitate to contact us to arrange a visit.

Features
Elevator
Terrace/Balcony
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 €1,219/mo
Est. Annual Rent €14,626/yr

Est. Yield 3.54%
Days on Market
0
First seen
2026-07-25
View on Idealista