Active ID: 112441437 Centro Tradicional

Flat / apartment for sale in Plaza Calvo Sotelo

3 Bed • 2 Bath • 132 m² • Floor 5

€875,000

AI Analyst
Long-term Rental

"Recently renovated 3-bedroom apartment in Alicante’s prestigious Plaza Calvo Sotelo, offering high-end finishes, abundant natural light, and a prime central location with excellent transport and amenities access."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Prime city-center location with strong tenant demand
  • High-quality recent renovation reduces immediate capex
  • Corner unit with terrace and excellent natural light
Cons
  • Gross rental yield is low (~2.4%), limiting cash flow
  • Premium pricing for central location may cap appreciation
  • Potential for higher vacancy risk due to luxury segment
Description

Magnificent property for sale located in the exclusive Plaza Calvo Sotelo, one of the most sought-after and iconic areas in the center of Alicante. The apartment has been recently renovated with high-quality finishes, taking care of every detail to offer a modern, elegant, and functional space. The property features a spacious living room integrated with an open-concept kitchen, creating a perfect environment to enjoy with family or guests. From this room, there is access to a comfortable terrace with completely unobstructed views of the square, ideal for relaxing outdoors or enjoying the sunsets. It has three bright and spacious bedrooms and two full bathrooms, one of which is en-suite. The master bedroom also includes a sophisticated walk-in closet that provides extra comfort and storage. As a corner unit that is completely exterior, it stands out for its natural light throughout the day, creating a sense of spaciousness and well-being in every room. The location is unbeatable: just a few meters from El Corte Inglés, with bus and TRAM stops practically at the doorstep, as well as a wide range of restaurants, supermarkets, shops, and all the services necessary for daily life. A unique opportunity to live in an exclusive, recently renovated apartment in the heart of Alicante.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €875,000
Taxes (ITP 10%) + €87,500
Notary Fees + €7,350
Registry Fees + €2,800
Gestoría Fees + €2,625
Valuation + Other + €339

Total Investment €975,614
Est. Monthly Rent €1,729/mo
Est. Annual Rent €20,750/yr

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