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 city-center apartment in Alicante’s sought-after Portal de Elche, offering two bedrooms, two baths, and rare optional parking—ideal for professionals seeking convenience and strong rental demand in a vibrant urban setting."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms to increase rental yield
Pros
  • Exceptional central location near Explanada and Rambla Méndez-Núñez
  • Optional parking and storage—scarce in this area
  • Elevator and terrace enhance tenant appeal
Cons
  • Price per sqm is high for a two-bedroom unit
  • Potential for noise due to central location
  • Interior may require modernization to maximize returns
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 €1,256/mo
Est. Annual Rent €15,071/yr

Est. Yield 3.46%
Days on Market
4
First seen
2026-08-23
View on Idealista