Active ID: 94849224 Centro Tradicional

Flat / apartment for sale in Centro Tradicional

3 Bed • 2 Bath • 92 m² • Floor 3

€495,000

↑ 24.1% from €399,000
€495,000 2026-02-27
€399,000 2025-10-08
AI Analyst
Long-term Rental

"Modern, move-in ready 3-bedroom apartment in Alicante’s prime Centro Tradicional, offering strong urban amenities, proximity to transport, and walkability to the beach—an attractive asset for stable, long-term rental demand."

Negotiation Leverage Balanced
Value Add Minor cosmetic upgrades to kitchen/bathrooms for premium positioning
Pros
  • Prime central location near theater, shops, and transport
  • Turnkey condition with modern finishes and good natural light
  • Strong rental demand due to proximity to amenities and beach
Cons
  • Gross rental yield (~3.3%) is modest for the price point
  • Limited value-add potential beyond minor upgrades
  • Potential for higher vacancy risk due to premium rent expectations
Description

BRAND NEW apartment in the center of Alicante, next to the Principal Theater BRAND NEW apartment in one of the best streets in the center of the city of Alicante, next to the Principal Theater. Built in 2000, it is in perfect condition and ready to move into. The flat has a constructed area of 92 m2. It is distributed in hall, independent kitchen with furniture, large living room, 3 bedrooms, 2 bathrooms. Enjoys great luminosity thanks to its large windows, has a Split type hot-cold air conditioning system, marble floor, aluminum exterior carpentry with double glazing type climalit, interior carpentry with solid white lacquered doors, entrance door armored. Its privileged environment has excellent conditions of habitability and urban quality, it has all the services and very good communications due to its easy accessibility and proximity to the main interurban transport stations and the AVE station, counting on the convenience of having in its vicinity all kinds of shops, supermarkets and restaurants. It is a short walk from the beach and 15 minutes from its International Airport and the Alicante Golf club. We will guide you through the buying and selling process.

Features
Elevator
Terrace/Balcony
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €495,000
Taxes (ITP 10%) + €49,500
Notary Fees + €4,158
Registry Fees + €1,584
Gestoría Fees + €1,485
Valuation + Other + €339

Total Investment €552,066
Est. Monthly Rent €1,358/mo
Est. Annual Rent €16,300/yr

Est. Yield 2.95%
Days on Market
191
First seen
2025-10-08
View on Idealista