Active ID: 112394143 Carolinas Bajas

Flat / apartment for sale in Calle Espronceda

3 Bed • 1 Bath • 90 m² • Floor 3

€235,000

AI Analyst
Long-term Rental

"Fully renovated 3-bedroom apartment in central Alicante offers immediate rental potential, modern amenities, and strong tenant appeal due to its proximity to the city center and public transport. Turnkey condition minimizes upfront capital expenditure."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Fully renovated, minimizing capex and vacancy risk
  • Prime central location near amenities and transport
  • Elevator and balconies increase tenant appeal
Cons
  • Single bathroom may limit appeal for larger households
  • Interior balcony may reduce natural light in some rooms
  • Rental yield is moderate for the area, limiting upside
Description

Spacious and bright apartment for sale in Alicante, located in a good, central residential area, just a 5-minute walk from the bullring. The property is located on the third floor of a building with an elevator. The layout is very comfortable and spacious: 3 independent bedrooms. 1 large bathroom. Large living-dining room connected to a modern open-plan kitchen. The living room has access to a large interior balcony. The interior balcony overlooks a large, very bright, open, and pleasant interior courtyard, without feeling dark or enclosed. One of the bedrooms has an exterior balcony with street views. The apartment has been completely renovated and is ready to move into. It features new windows, new floors, fully updated electrical and plumbing installations, as well as a brand-new modern kitchen. This is a very comfortable, spacious, and bright apartment, ideal for year-round living. The large living room, together with the open kitchen, creates a spacious and welcoming area to enjoy with family or friends. The location is excellent: a few minutes' walk from the bullring, close to the center of Alicante and all necessary daily services, including shops, supermarkets, cafes, restaurants, and public transport. A fully renovated, bright property ready to move into, located in a highly sought-after area of Alicante. Additional features Post-renovation Balcony City center Elevator.

Features
Elevator
Terrace/Balcony
Exterior
Investment Summary
Purchase Price €235,000
Taxes (ITP 10%) + €23,500
Notary Fees + €1,974
Registry Fees + €752
Gestoría Fees + €705
Valuation + Other + €339

Total Investment €262,270
Est. Monthly Rent €1,064/mo
Est. Annual Rent €12,774/yr

Est. Yield 4.87%
Days on Market
4
First seen
2026-08-28
View on Idealista