Active ID: 112770238 Centro Tradicional

Flat / apartment for sale in Calle Barón de Finestrat

3 Bed • 2 Bath • 98 m² • Floor 4

€399,000

AI Analyst
Long-term Rental

"Spacious 98 m² exterior apartment in Alicante’s Centro Tradicional, featuring three bedrooms, two bathrooms, terrace, balcony, and elevator. Strong rental demand and value-add potential make this a compelling long-term investment opportunity in a prime urban location."

Negotiation Leverage Balanced
Value Add Comprehensive renovation to modernize interiors
Pros
  • •Prime city center location with excellent transport links
  • •Exterior orientation with terrace and balcony
  • •Elevator access in a classic 1954 building
Cons
  • •Requires full renovation to maximize value
  • •No parking included
  • •Not eligible for holiday rental (no tourist license)
Description

Lion Capital Group offers you this magnificent apartment located in the center of Alicante. The property represents a unique opportunity for those looking for a spacious home with character in one of the city's most iconic locations. With a surface area of ninety-eight square meters, the home stands out for its privileged position on the fourth floor and its status as an exterior property. The interior layout of the home is organized in a functional and clear way, featuring a total of three bedrooms and two full bathrooms. The living-dining room acts as the central hub of the home, connecting to an independent kitchen that offers multiple configuration possibilities. In addition, the property has a balcony and a terrace, elements that provide relief and a direct connection to the urban environment. Among its qualities and highlights, it is worth noting the great renovation potential the property offers to create open-plan and modern spaces tailored to your needs. The home has individual electric heating, built-in wardrobes that optimize storage, and an elevator for convenient access to the floor. Its state of preservation allows for the start of a comprehensive renovation project in a building constructed in 1954 that maintains the elegance of classic downtown estates. Public transport is guaranteed with the Luceros and Mercado TRAM stations, which connect to the entire metropolitan network, as well as the C-6 bus line to the airport. For day-to-day needs, the area has the Spar City Supermarket on Calle Navas and the pharmacy at 13 Avenida Alfonso el Sabio. The educational offer includes prestigious centers such as the San Agustín School or the Sagrado Corazón Maristas School. Leisure and nature can be found in iconic spaces such as the Explanada de España, Canalejas Park, or the historic Plaza de Los Luceros. Do not miss this great opportunity and come visit the property with us; we will be delighted to help you.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €399,000
Taxes (ITP 10%) + €39,900
Notary Fees + €3,352
Registry Fees + €1,277
Gestoría Fees + €1,197
Valuation + Other + €339

Total Investment €445,064
Est. Monthly Rent €1,497/mo
Est. Annual Rent €17,970/yr

Est. Yield 4.04%
Days on Market
0
First seen
2026-10-09
View on Idealista