Active ID: 87445285 Centro Tradicional

Flat / apartment for sale in Avenida Doctor Gadea, 24

4 Bed • 3 Bath • 178 m² • Floor 5

€800,000

AI Analyst
Long-term Rental

"Renovated 4-bedroom apartment in Alicante’s prime Centro-Tradicional, offering modern amenities, central heating, and proximity to major shopping and business districts—ideal for tenants seeking comfort and convenience."

Negotiation Leverage Balanced
Value Add Minor cosmetic upgrades or furnishing for premium rental yield
Pros
  • Prime central location near shopping and business centers
  • Recently renovated, move-in ready condition
  • Community fees include heating and hot water, reducing tenant costs
Cons
  • High purchase price relative to estimated rental yield
  • Potentially limited appreciation due to already renovated status
  • Garage is only a possibility, not guaranteed
Description

Apartment renovated to move into, in the Center of Alicante in Doctor Gadea, consists of 4 bedrooms, one of them suite, two bathrooms and a toilet, smooth walls, air conditioning throughout the house, individualized, possibility of garage. The good thing about this rental, is that it enters the community, hot water and central heating, therefore it is a cost that renters, Tenants are saved. The farm has a janitor, where the letters go up and trash goes down in the afternoon. It also has adaptation for people with reduced mobility. It is in the center next to the Calvo Sotelo and Maisonave square and the El Corte Inglés shopping centers and franchises.

Features
Elevator
Terrace/Balcony
Air Conditioning
Parking
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €800,000
Taxes (ITP 10%) + €80,000
Notary Fees + €6,720
Registry Fees + €2,560
Gestoría Fees + €2,400
Valuation + Other + €339

Total Investment €892,019
Est. Monthly Rent €2,307/mo
Est. Annual Rent €27,680/yr

Est. Yield 3.1%
Days on Market
146
First seen
2025-10-08
View on Idealista