Active ID: 112787042 Centro Tradicional

Flat / apartment for sale in Baron De Finestrat, 3

4 Bed • 2 Bath • 98 m² • Floor 4

€399,000

AI Analyst
Coliving

"Spacious 4-bedroom apartment with elevator and terrace in Alicante’s sought-after centro-tradicional. Strong rental demand, abundant natural light, and flexible layout offer solid value for investors seeking yield and long-term appreciation in a prime location."

Negotiation Leverage Balanced
Value Add Full renovation to modern standards
Pros
  • •Prime central location with high rental demand
  • •Elevator access to fourth floor enhances appeal
  • •Flexible 4-bedroom layout ideal for coliving or families
Cons
  • •Requires significant renovation investment
  • •No parking included, may deter some tenants
  • •Older building may have higher ongoing maintenance costs
Description

Apartment in the Heart of Alicante - Investment Opportunity Discover your new home in the traditional center of Alicante! We present this magnificent 98 m² built (90 m² usable) apartment located on the fourth floor with a direct elevator. This exterior property with a west orientation provides natural light throughout the afternoon, creating a warm and welcoming atmosphere in every corner. The layout is perfect for families or investors: it has 4 spacious bedrooms, two of which are doubles, ideal for adapting to your needs. One of the rooms has its own balcony, offering that touch of privacy and ventilation we all look for. The living-dining room is generous and bright, with a spectacular balcony terrace where you can enjoy the views and the Mediterranean climate. In addition, the independent kitchen includes a practical utility room, perfect for optimizing space. The property has 1 full bathroom and 1 half-bath, as well as built-in wardrobes that maximize storage. Built in 1954, the building has passed the technical building inspection (IEE), guaranteeing its structural safety. Complete climate control with air conditioning and an electric heat pump system for your comfort all year round. This is a property in need of renovation that allows you to customize it completely according to your tastes and needs. Its location in the heart of the traditional center of Alicante is unbeatable: shops, restaurants, services, and public transport at your fingertips. The terms of sale are negotiable, so do not hesitate to ask. A unique opportunity in a high-demand area!

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 €1,300/mo
Est. Annual Rent €15,600/yr

Est. Yield 3.51%
Days on Market
0
First seen
2026-10-10
View on Idealista