Active ID: 112131836 Centro Tradicional

Flat / apartment for sale in Calle Santa Bárbara

2 Bed • 2 Bath • 83 m² • Floor 2

€370,000

AI Analyst
Long-term Rental

"Bright, modernized 2-bedroom apartment in a prime Alicante city center location, featuring recent renovations, corner orientation for natural light, and optional parking—offering strong appeal for urban professionals or long-term tenants."

Negotiation Leverage Balanced
Value Add Minor cosmetic upgrades or furnishing for premium rental yield
Pros
  • Prime city center location with high rental demand
  • Recent renovations to bathrooms, kitchen, and utilities reduce capex risk
  • Corner orientation ensures abundant natural light and attractive views
Cons
  • Gross rental yield (~4%) is modest for the price point
  • Optional parking space is an additional €50,000, impacting total investment
  • Limited value-add opportunities beyond minor cosmetic improvements
Description

Magnificent property for sale located in one of the best areas of Alicante city center, in a building from 2003. The property is on the 2nd floor, is completely exterior (except for the bathrooms), and has 83 m2 of built area, standing out for its brightness thanks to its corner orientation. Layout: * 2 bedrooms * 2 full bathrooms (recently renovated) * Independent kitchen with utility room (also renovated) * Spacious living room with access to a balcony The property is on a corner with views of Calle Castaños and Calle Santa Bárbara, which guarantees natural light throughout the day. The master bedroom has an en-suite bathroom. Extras: * Optional parking space for 50,000 * Direct elevator access from the property Cold and hot water pipes replaced, TV connection in all rooms, part of the air conditioning ducting new, new electrical installation for the air conditioning, air conditioning throughout the house with heating and cooling, and pre-installation for radiators. Unbeatable location, right in the center of Alicante, surrounded by restaurants, shops, and all services.

Features
Elevator
Terrace/Balcony
Air Conditioning
Parking
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 €1,249/mo
Est. Annual Rent €14,990/yr

Est. Yield 3.63%
Days on Market
0
First seen
2026-08-02
View on Idealista