Active
ID: 40050835
Centro Tradicional
Flat / apartment for sale in Calle Colon, 21
3 Bed • 2 Bath • 130 m² • Floor 6
€395,000
AI Analyst
Long-term Rental"Spacious 3-bedroom apartment in Alicante’s prime Centro-Tradicional, offering unobstructed castle views and proximity to El Corte Inglés, presents a rare opportunity for value-driven investors seeking central, high-demand rental assets."
Negotiation
Leverage
Balanced
Value Add
Modernize kitchen and bathrooms to increase rental yield
Pros
- •Prime city center location near major amenities
- •High floor with unobstructed views of Castillo de Santa Bárbara
- •Elevator and porter service enhance tenant appeal
Cons
- •No terrace or outdoor space, limiting premium rental appeal
- •Older finishes likely require modernization
- •Restricted to individual buyers, limiting liquidity
Description
Excellent 6th floor for sale in the best area of the city of Alicante. Central, 30 meters from El Corte Inglés. Unobstructed views of the Castillo de Santa Bárbara, 120 m2 useful, 3 bedrooms (before 4), 2 bathrooms, 15 m2 kitchen, laundry room and air conditioning. Elevator and porter service. ONLY for INDIVIDUALS.
Features
Elevator
Air Conditioning
Exterior
Investment Summary
Purchase Price
€395,000
+ Fees & Taxes
+ €45,606
Taxes (ITP 10%)
+ €39,500
Notary Fees
+ €3,318
Registry Fees
+ €1,264
Gestoría Fees
+ €1,185
Valuation + Other
+ €339
Total Investment
€440,606
Est. Monthly Rent
€1,638/mo
Est. Annual Rent
€19,658/yr
Est. Yield
4.46%
High
(38 Comps)
Days on Market
188
First seen
2025-10-08