Active ID: 112428601 Centro Tradicional

Flat / apartment for sale in Calle Valdés

6 Bed • 3 Bath • 175 m²

€1,100,000

AI Analyst
Long-term Rental

"Prime 175 m² corner apartment in Alicante’s Centro-Tradicional with panoramic sea views, six bedrooms, and significant renovation potential—offering a rare opportunity to reposition a large asset in a trophy location."

Negotiation Leverage Balanced
Value Add Full interior renovation to modern standards, potential reconfiguration to optimize bedroom count and living space.
Pros
  • Exceptional central location near Explanada de España and Postiguet Beach.
  • Large, flexible floor plan with six bedrooms and three bathrooms.
  • Unobstructed sea views and abundant natural light due to corner, southwest orientation.
Cons
  • Requires substantial renovation, increasing upfront capital expenditure.
  • Estimated gross yield (~2.4%) is low for the market, limiting cash flow potential.
  • Older building features may limit achievable rental premium post-renovation.
Description

Discover this spacious corner property located next to the iconic Explanada de España, in the heart of Alicante. An exterior property with stunning views of the Mediterranean Sea and one of the city's most representative landmarks, ideal for those seeking spaciousness, brightness, and the possibility of designing a completely personalized home. The apartment has 175 m2 of built area and 155 m2 of usable area, offering a generous layout consisting of six double bedrooms and three bathrooms. Its dimensions allow for easy adaptation of spaces to different needs, creating large bedrooms, an office, a walk-in closet, a guest room, or work areas without sacrificing comfort. As it is a corner property with a southwest orientation, it enjoys excellent natural light for a good part of the day. Its exterior rooms and unobstructed views provide a pleasant feeling of spaciousness and a privileged connection to the sea, the port, and the urban life of Alicante. The property is in need of renovation, which represents an exceptional opportunity to redistribute its 155 m2 of usable space and create an exclusive home in one of the most sought-after areas of the city. Its vast possibilities allow for the design of a large living-dining room with sea views, an open or independent kitchen, en-suite bedrooms, and spaces adapted to the lifestyle of its future owners. Its features include built-in wardrobes, ceramic floors, exterior carpentry with Climalit glazing, wooden interior carpentry, heating, and a climate control system with a heat pump. The building has an elevator and access for people with reduced mobility, providing comfort and accessibility for both families and those looking for an adapted home in the center of Alicante. Its location is one of its main attractions. The property is just a few steps from Postiguet Beach, the marina, the Explanada de España, and the historic center, surrounded by restaurants, shops, supermarkets, medical centers, schools, parks, and leisure areas. In addition, it has excellent connections via bus, TRAM, and train station. A unique opportunity to acquire a large apartment to renovate in the center of Alicante, with six bedrooms, three bathrooms, southwest orientation, and spectacular sea views. A property with multiple possibilities both as a high-level primary residence and as a real estate investment in a privileged location. Call us to coordinate a visit and discover the full potential of this home. NOTE: For properties for sale, the advertised sale price does not include PROPERTY TRANSFER TAX, NOR NOTARY AND REGISTRY EXPENSES.

Features
Elevator
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €1,100,000
Taxes (ITP 10%) + €110,000
Notary Fees + €9,240
Registry Fees + €3,520
Gestoría Fees + €3,300
Valuation + Other + €339

Total Investment €1,226,399
Est. Monthly Rent €2,181/mo
Est. Annual Rent €26,173/yr

Est. Yield 2.13%
Days on Market
0
First seen
2026-09-07
View on Idealista