Active ID: 112133406 Centro Tradicional

Flat / apartment for sale in Plaza Calvo Sotelo, 16

3 Bed • 2 Bath • 132 m² • Floor 7

€950,000

AI Analyst
Avoid

"Recently renovated, high-end 3-bedroom apartment in Alicante’s Centro-Tradicional, offering abundant natural light, a terrace, and turnkey modern finishes—positioned in a prime urban location with strong lifestyle appeal but limited yield."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Prime city-center location with excellent amenities and transport links
  • Fully renovated with high-quality, contemporary finishes—no immediate capex required
  • Bright, spacious layout with terrace and exterior orientation
Cons
  • Gross rental yield is below 2.25%, well under typical investor benchmarks
  • High absolute price limits rental upside and resale liquidity
  • Premium pricing for recent renovation leaves little room for value appreciation
Description

Elegant home for sale located in one of the best areas of the city, perfect for those seeking comfort, spaciousness, and an excellent location. The apartment has been recently renovated with high-quality materials and a contemporary design that combines style and functionality in every corner. The property features a spacious and very bright living-dining room, integrated with a modern, fully equipped open-plan kitchen, creating a cozy and practical environment for daily life. From this room, there is access to a pleasant terrace, ideal for enjoying moments of relaxation or outdoor gatherings. It has three large bedrooms, all with excellent natural light, and two full bathrooms with modern finishes. The master bedroom stands out for its spaciousness and comfort, also offering perfectly integrated storage space. Thanks to its orientation and the fact that it is completely exterior, the home enjoys natural light throughout the day, providing a great sense of well-being and spaciousness. The location is excellent, surrounded by all kinds of services such as supermarkets, schools, restaurants, public transport, and commercial areas, allowing you to enjoy all the conveniences without the need for long commutes. An ideal opportunity to live in a modern, bright home that is ready to move into.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €950,000
Taxes (ITP 10%) + €95,000
Notary Fees + €7,980
Registry Fees + €3,040
Gestoría Fees + €2,850
Valuation + Other + €339

Total Investment €1,059,209
Est. Monthly Rent €1,759/mo
Est. Annual Rent €21,104/yr

Est. Yield 1.99%
Days on Market
0
First seen
2026-08-02
View on Idealista