Active ID: 112289344 Centro Tradicional

Flat / apartment for sale in Med Manero Molla

2 Bed • 2 Bath • 91 m² • Floor 1

€390,000

AI Analyst
Long-term Rental

"Prime Centro-Tradicional apartment with terrace, elevator, and optional parking offers strong appeal for long-term tenants seeking comfort and unbeatable city center access, though yield is modest relative to price in this highly sought-after location."

Negotiation Leverage Balanced
Value Add Modernize kitchen
Pros
  • •Excellent central location near Explanada and Rambla
  • •Elevator and terrace increase tenant appeal
  • •Optional parking and storage add rare value
Cons
  • •Only two bedrooms limits rental flexibility
  • •Yield is modest for the price point
  • •No tourist license, restricting holiday rental potential
Description

PORTAL DE ELCHE: UNBEATABLE LOCATION. Living here means having Alicante at your fingertips. A few steps from the Explanada, the Rambla Méndez-Núñez, and the promenade, this apartment is located in one of the best, most practical, and highly sought-after locations in the city center. The property is distributed into two bedrooms and two bathrooms—one of them en suite—designed to enjoy comfort and privacy in day-to-day life. As an added value, there is the possibility of purchasing a parking space + storage room in the same building along with the property, something increasingly difficult to find in this area. If you think this might be a good fit for you, or if you have any questions you would like to resolve, we will be happy to assist you. **Legal note: The information provided in this advertisement is merely informative, lacks contractual value, and is not binding. The advertisement may contain errors, inaccuracies, or variations regarding the reality of the property or its legal status. To verify data, surface areas, conditions, or availability, please contact us. **.

Features
Elevator
Terrace/Balcony
Air Conditioning
Parking
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €390,000
Taxes (ITP 10%) + €39,000
Notary Fees + €3,276
Registry Fees + €1,248
Gestoría Fees + €1,170
Valuation + Other + €339

Total Investment €435,033
Est. Monthly Rent €1,294/mo
Est. Annual Rent €15,522/yr

Est. Yield 3.57%
Days on Market
49
First seen
2026-08-23
View on Idealista