Flat / apartment for sale in Centro Tradicional
2 Bed • 2 Bath • 81 m²
€370,000
AI Analyst
Long-term Rental"Prime, move-in ready 2-bedroom apartment in Alicante’s Centro Tradicional, offering high-quality finishes, abundant natural light, and a sought-after location near the beach and city amenities—ideal for urban professionals or short-term tenants."
Pros
- •Exceptional city center location with strong tenant demand
- •Fully renovated in 2003 with quality finishes and modern systems
- •Bright, south-facing, exterior unit with elevator access
Cons
- •Gross rental yield is modest (~4%), limiting cash flow upside
- •No terrace or outdoor space, which may deter some tenants
- •Parking space not included in price, adding to acquisition cost if needed
Description
Excellent apartment in the heart of Alicante, located on the iconic Calle Castaños, one of the city's most well-known and sought-after areas. The property was renovated in 2003, including electrical and plumbing installations, bathrooms, and kitchen, making it move-in ready. It features 2 spacious double bedrooms with built-in wardrobes, 2 bathrooms (one of which is en-suite), an independent kitchen with a utility room, and a pleasant 22 m2 corner living-dining room. The property is completely exterior, very bright, and south-facing. Its high-quality finishes include marble floors, smooth walls, ducted air conditioning, oak doors, and built-in wardrobes that are lined and equipped with drawers. It is offered practically furnished, providing greater comfort from day one. There is the possibility of acquiring a large parking space for an additional €50,000, located in the same building with elevator access. The space is 15 m2, the largest available in the building. Its location is unbeatable, surrounded by shops, services, and all the attractions of Alicante's city center: just 5 minutes from the Explanada and the Plaza de Correos, and about a 10-minute walk from Postiguet Beach and the Marina. An excellent opportunity for those looking for a spacious, bright, renovated home perfectly located in the heart of Alicante. Do not hesitate to visit. We offer the possibility of up to 100% financing. The published price corresponds exclusively to the property and does not include taxes or expenses derived from the sale, which shall be borne by the purchasing party, unless otherwise provided by mandatory legal provision or express agreement to the contrary. These expenses include, by way of example and not limitation, the Property Transfer Tax (ITP) or, where applicable, Value Added Tax (VAT) and Documented Legal Acts (AJD), as well as notary fees, property registry fees, administrative agency fees, and, where applicable, real estate brokerage fees. In the case of transfers subject to ITP, the rate in force in the Valencian Community on the date of accrual will be applied. In general, this rate is 9% (€33,300), without prejudice to the possible application of reduced rates (8%, 6%, 4%, or 3%) when applicable in accordance with the applicable regional regulations and the personal circumstances of the purchaser or the characteristics of the property. The tax base will be the higher of the declared sale price and the cadastral reference value determined in accordance with current tax regulations. Notary and registry expenses will be determined in accordance with the official tariffs established in Royal Decree 1426/1989, of November 17, and Royal Decree 1427/1989, of November 17, respectively. Where applicable, administrative agency fees may range approximately between €300 and €400, VAT included, depending on the scope of the services actually contracted. Real estate brokerage fees: in general and unless otherwise agreed, these will be assumed by the selling party as agreed in each operation and applicable regulations. The information is merely informative, indicative, and non-contractual, and may contain errors, price or condition variations, or the withdrawal of the property without prior notice, without legal liability. It does not constitute a binding offer or contractual commitment. The characteristics of the property are approximate and may not coincide with the registry, cadastral, or technical reality. Official verification and independent professional advice are recommended before any decision.