Active ID: 96799893 Centro Tradicional

Flat / apartment for sale in Calle de Álvarez Sereix

3 Bed • 2 Bath • 93 m² • Floor 2

€495,000

AI Analyst
Long-term Rental

"Fully renovated 93m² apartment in Alicante’s traditional center, featuring two bedrooms, two bathrooms, modern finishes, and a terrace. Strong location appeal and turnkey condition make it attractive for stable, long-term rental demand."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Prime central location with high rental demand
  • Completely renovated, minimizing immediate capex
  • All exterior with terrace and elevator, enhancing tenant appeal
Cons
  • Rental yield (~3.3% gross) is modest for the price point
  • Limited value-add opportunities due to recent renovation
  • Market context unknown—potential exposure to local price volatility
Description

Inmobiliaria María Tomasa offers you for sale, completely renovated apartment, in the traditional center of Alicante. Two bedrooms, two bathrooms. 93m2 built. Living room of 17 m2, kitchen, balcony or terrace, hall, office. Master bedroom with en-suite bathroom. Second double bedroom. All exterior. Serpentine Marble Pavement, Smooth Paints + Plaster Moldings on ceilings, Pre-installation of Air ducts, Exterior carpentry of thermo-lacquered aluminum in green + Climalit, Thermolacquered interior carpentry in white oak with moldings. All services. It has a lift.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
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 €1,359/mo
Est. Annual Rent €16,311/yr

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