Active ID: 95063356 Centro Tradicional

Flat / apartment for sale in Centro Tradicional

1 Bed • 1 Bath • 55 m² • Floor 3

€279,000

↑ 9.4% from €255,000
€279,000 2026-09-17
€255,000 2025-10-08
AI Analyst
Long-term Rental

"Recently renovated 1-bedroom apartment in Alicante’s Centro Tradicional, currently tenanted at €900/month, offers stable cash flow and prime location near Gabriel Miro Plaza, ideal for urban professionals seeking proximity to amenities and vibrant city life."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Prime central location with high rental demand
  • Recently renovated, minimizing immediate capex
  • Stable tenant in place at market-aligned rent
Cons
  • Small unit size limits tenant pool and resale flexibility
  • Single bedroom restricts coliving or family rental strategies
  • Potential for tenant turnover risk in transient urban market
Description

WITH TENANT 900€/month Welcome to this apartment recently reformed with singing. This edifice is located in a marvelous atmosphere in one of Alicante's most important cities. A very well-known street in the Gabriel Miro Plaza, a fantastic place filled with cafés, restaurants and traditional tapas bars. The zone offers personal, cultural and proximity to everything from the popular Avenida Maisonnave shopping center to the Mercado Market Hall. This living room consists of 1 bedroom and 1 bathroom, kitchen with open concept in the living room, large outdoor areas and options of bright and modern materials. [IW].

Features
Elevator
Air Conditioning
Exterior
Investment Summary
Purchase Price €279,000
Taxes (ITP 10%) + €27,900
Notary Fees + €2,344
Registry Fees + €893
Gestoría Fees + €837
Valuation + Other + €339

Total Investment €311,312
Est. Monthly Rent €984/mo
Est. Annual Rent €11,802/yr

Est. Yield 3.79%
Days on Market
344
First seen
2025-10-08
View on Idealista