Active ID: 112157801 Casco Hist├│rico

Flat / apartment for sale in Plaza Paseíto Ramiro, 12

3 Bed • 2 Bath • 97 m² • Floor 4

€420,000

AI Analyst
Long-term Rental

"Prime 3-bedroom apartment in Alicante’s historic center with panoramic sea and port views, recently renovated kitchen and windows, offering strong location-driven appeal and direct owner sale savings for investors seeking urban Mediterranean assets."

Negotiation Leverage Balanced
Value Add Cosmetic upgrades (paint, modern furnishings) to maximize rental appeal
Pros
  • Exceptional central location near beach, marina, and city amenities
  • Recent renovations to kitchen and windows reduce immediate capex
  • Direct owner sale eliminates agency fees, improving acquisition yield
Cons
  • Gross rental yield (~4%) is modest for the region
  • No terrace or balcony, limiting outdoor amenity appeal
  • Fourth floor may deter some tenants despite elevator presence
Description

Private sale! Wake up every day with the Mediterranean at your feet in the most sought-after location in Alicante. If you are looking for a home that combines an unbeatable location, unobstructed views, and a solid foundation ready to be customized to your taste, this 4th-floor apartment in the iconic Paseíto Ramiro is the opportunity you have been waiting for. And the best part: as it is a direct sale from the owner, you save on agency commissions. "Unbeatable" location (5 minutes from everything): Forget the car. You are in the heart of the city, with everything just a 5-minute walk away: Feel the sand at Postiguet Beach. Stroll along the iconic Explanada de España and the Marina. Enjoy the historic center and the Plaza del Ayuntamiento. All surrounded by the best services, gastronomy, supermarkets, and transport connections in Alicante. The property in detail (97 m² built / 85 m² useful): Living area with panoramic views: An exceptional living-dining room, flooded with natural light thanks to the intelligent integration of the terrace. A space designed to enjoy the sea 365 days a year. Rest with views of the port: The master bedroom not only has a built-in wardrobe but also stands out for its large window with direct views of the Port of Alicante. It also has 2 other single bedrooms, perfect for family, guests, or an office. High-value strategic renovations: 100% renovated kitchen: Independent, modern, and functional design. Top-tier insulation: All exterior metal carpentry is completely new, ensuring maximum thermal efficiency and absolute silence inside. 2 full bathrooms: Designed for daily functionality and in good condition. Great potential (Look at the photos! ): The property is in good general condition. Since important areas like the kitchen and enclosures have already been renovated, it only requires a simple decorative update to adapt it to your style. In the ad's image gallery, we have included several virtual decoration proposals so you can get inspired and easily visualize all the potential and spaciousness this apartment offers with modern furniture. Smart investment: Direct deal By buying directly from the owner, you eliminate 3% to 5% in brokerage fees. A transparent, agile, and much more profitable purchase for you, ideal both for making it your primary residence or for obtaining a high return if you are looking to invest. Don't let someone else beat you to it. Contact me now via chat or phone to answer your questions.

Features
Elevator
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €420,000
Taxes (ITP 10%) + €42,000
Notary Fees + €3,528
Registry Fees + €1,344
Gestoría Fees + €1,260
Valuation + Other + €339

Total Investment €468,471
Est. Monthly Rent €1,392/mo
Est. Annual Rent €16,707/yr

Est. Yield 3.57%
Days on Market
3
First seen
2026-08-29
View on Idealista