Active ID: 112394318 Centro Tradicional

Flat / apartment for sale in Calle Santa Bárbara

2 Bed • 2 Bath • 83 m² • Floor 2

€370,000

AI Analyst
Long-term Rental

"Bright, modernized 2-bedroom apartment in a 2003 building at the heart of Alicante’s Centro-Tradicional, offering strong tenant appeal due to its corner orientation, recent upgrades, and proximity to amenities."

Negotiation Leverage Balanced
Value Add Minor cosmetic updates or furnishing for premium rental yield
Pros
  • Prime city center location with high rental demand
  • Recent renovations to bathrooms, kitchen, and utilities
  • Corner unit with abundant natural light and balcony
Cons
  • Gross rental yield below 5% (approx. 4.1%) limits cash flow
  • Optional parking space adds significant cost
  • Potential noise from central urban location
Description

Magnificent property for sale located in one of the best areas of Alicante city center, in a building from 2003. The property is on the 2nd floor, is completely exterior (except for the bathrooms), and has 83 m2 of built area, standing out for its brightness thanks to its corner orientation. Layout: * 2 bedrooms * 2 full bathrooms (recently renovated) * Independent kitchen with utility room (also renovated) * Spacious living room with access to a balcony The property is on a corner with views of Castaños and Santa Bárbara streets, which guarantees natural light throughout the day. The master bedroom has an en-suite bathroom. Extras: * Optional parking space for 50,000 * Direct elevator access from the property Cold and hot water pipes replaced, TV connection in all rooms, part of the air conditioning ducting new, new electrical installation for the air conditioning, air conditioning throughout the house with heating and cooling, and pre-installation for radiators. Unbeatable location, right in the center of Alicante, surrounded by restaurants, shops, and all services.

Features
Elevator
Terrace/Balcony
Air Conditioning
Parking
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €370,000
Taxes (ITP 10%) + €37,000
Notary Fees + €3,108
Registry Fees + €1,184
Gestoría Fees + €1,110
Valuation + Other + €339

Total Investment €412,741
Est. Monthly Rent €1,253/mo
Est. Annual Rent €15,038/yr

Est. Yield 3.64%
Days on Market
4
First seen
2026-08-28
View on Idealista