Active ID: 112283854 Centro Tradicional

Flat / apartment for sale in Calle Bilbao

4 Bed • 3 Bath • 184 m² • Floor 1

€845,000

AI Analyst
Long-term Rental

"Spacious 184 m², four-bedroom apartment in Alicante’s Centro-Tradicional offers rare size, abundant natural light, and turnkey comfort, making it a standout asset for long-term rental or family occupancy in a prime urban location."

Negotiation Leverage Balanced
Value Add Modernize bathrooms and update finishes for premium positioning
Pros
  • Exceptional size for the area (184 m²) supports premium rents
  • Prime central location with strong tenant demand
  • Move-in ready with modern kitchen and air conditioning
Cons
  • Gross yield (~3.4%) is below typical investor targets for Spain
  • No terrace or outdoor space, limiting appeal to some tenants
  • Potential for higher maintenance costs due to property size
Description

Some homes are shown, and some are lived in from the very first moment. This one belongs to the second kind: 184 square metres in the heart of Alicante, a size rarely found in the area and immediately apparent the moment you step through the door. As an outward-facing property, natural light reaches every room for much of the day. It is the kind of home where you hardly need to switch on a lamp until well into the afternoon. The four bedrooms allow the space to be arranged around each family's needs: room for everyone, a guest bedroom, a quiet study to work from. The layout accommodates rather than dictates. The kitchen comes fully fitted and equipped, ready for the first morning coffee. Air conditioning does the rest, making Alicante's summers a far more comfortable proposition. A spacious, light-filled home in an excellent location, made to be lived in for years to come. START BY IMAGINING IT — WE'LL ADVISE YOU ON MAKING IT REAL Discover more at WE MOVE FOR YOU. *Taxes not included.

Features
Elevator
Air Conditioning
Exterior
Investment Summary
Purchase Price €845,000
Taxes (ITP 10%) + €84,500
Notary Fees + €7,098
Registry Fees + €2,704
Gestoría Fees + €2,535
Valuation + Other + €339

Total Investment €942,176
Est. Monthly Rent €2,421/mo
Est. Annual Rent €29,053/yr

Est. Yield 3.08%
Days on Market
4
First seen
2026-08-23
View on Idealista