Active ID: 112704576 Centro Tradicional

Flat / apartment for sale in Plaza Gabriel Miró

1 Bed • 1 Bath • 42 m² • Floor 6

€230,000

AI Analyst
Long-term Rental

"Prime 1-bedroom apartment in Plaza Gabriel Miró with terrace and elevator, offering strong rental demand due to its central location. Ideal for investors seeking a value-add opportunity in Alicante’s most sought-after district."

Negotiation Leverage Balanced
Value Add Comprehensive renovation to modern standards
Pros
  • •Exceptional central location near Explanada and amenities
  • •All-exterior unit with terrace and elevator
  • •High rental demand for 1-bedroom units in city center
Cons
  • •Requires full renovation to maximize value
  • •Small size limits tenant pool and yield ceiling
  • •No tourist license, restricting short-term rental options
Description

ALL-EXTERIOR APARTMENT IN THE HEART OF PLAZA GABRIEL MIRÓ – ALICANTE A unique opportunity to create the home you have always imagined in one of the most iconic areas of Alicante. Atalaya Inmobiliaria presents this all-exterior 1-bedroom apartment, located right in Plaza Gabriel Miró, just a few meters from the Explanada de España and in the heart of Alicante. The property currently features 1 bedroom, a bathroom, a kitchen, and a small terrace, offering an excellent base for a comprehensive renovation to fully adapt it to the needs and tastes of the new owner. Its layout and features make this property one with great renovation potential, whether to create a modern and functional home or to plan an attractive investment project for the residential or rental market. A PRIVILEGED LOCATION Living in Plaza Gabriel Miró means enjoying one of the most representative locations in Alicante, surrounded by all necessary services and just a few steps from the sea, the Explanada, restaurants, shops, public transport, and the city's main points of interest. A property with location, possibilities, and potential, ideal for those looking for a home to renovate and personalize, or for investors who want to develop a real estate project in one of the most sought-after areas of Alicante. Do not miss this opportunity and come discover all the potential this property has to offer. ATALAYA INMOBILIARIA More than 30 years of experience in the real estate sector. Our track record and, above all, our clients vouch for us.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €230,000
Taxes (ITP 10%) + €23,000
Notary Fees + €1,932
Registry Fees + €736
Gestoría Fees + €690
Valuation + Other + €339

Total Investment €256,697
Est. Monthly Rent €962/mo
Est. Annual Rent €11,539/yr

Est. Yield 4.5%
Days on Market
0
First seen
2026-10-05
View on Idealista