Active ID: 112393651 Centro Tradicional

Flat / apartment for sale in Calle del Teatre

3 Bed • 3 Bath • 100 m² • Floor 3

€450,000

AI Analyst
Long-term Rental

"Fully renovated, move-in ready 3-bedroom apartment in Alicante’s prime Centro-Tradicional area, offering premium finishes, privacy, and abundant natural light—ideal for discerning urban tenants or owner-occupiers seeking city-center exclusivity."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Prime city-center location on Calle del Teatro, highly desirable for tenants and owner-occupiers
  • Comprehensive, high-end renovation with new systems and premium finishes—no immediate capex required
  • Single unit per floor ensures privacy and exclusivity, rare in central urban settings
Cons
  • Gross rental yield is modest (~3.8%), limiting cash-on-cash returns for investors
  • Premium pricing for location and renovation may limit future appreciation upside
  • Potential for higher vacancy or tenant turnover due to central urban environment
Description

Spectacular, fully renovated corner property on the coveted Calle del Teatro! Located in the heart of the city, on the prestigious and highly sought-after Calle del Teatro, lies this exclusive property that redefines the concept of urban living. Situated in an unbeatable prime location, this corner residence stands out for its absolute privacy, occupying a single unit per floor, ensuring unprecedented tranquility in the city center. Its southeast orientation and all-exterior layout flood every room with extraordinary natural light throughout the day. The property has undergone a high-end, comprehensive renovation, with every technical and aesthetic detail carefully considered to offer a "move-in ready" experience: • Brand new installations: Complete renovation of plumbing and electrical systems. • Invisible climate control: Zoned ducted air conditioning system (heating/cooling) for optimal comfort. • Premium finishes: Contemporary design flooring and interior carpentry (doors) that provide warmth and elegance. • Premium insulation: State-of-the-art windows that ensure impeccable energy efficiency and total acoustic insulation from the outside. A unique real estate gem, perfect for those seeking the distinction of living in the city center with the features and comfort of a comprehensive renovation.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €450,000
Taxes (ITP 10%) + €45,000
Notary Fees + €3,780
Registry Fees + €1,440
Gestoría Fees + €1,350
Valuation + Other + €339

Total Investment €501,909
Est. Monthly Rent €1,436/mo
Est. Annual Rent €17,231/yr

Est. Yield 3.43%
Days on Market
4
First seen
2026-08-28
View on Idealista