Flat / apartment for sale in Centro Tradicional
7 Bed • 2 Bath • 203 m² • Floor 3
€720,000
AI Analyst
Long-term Rental"Prime 203 m² apartment in Alicante’s Centro Tradicional, adjacent to Plaza Ruperto Chapí and Teatro Principal, offers rare scale and location but requires a full renovation to unlock its luxury potential."
Pros
- •Exceptional central location near cultural landmarks and future pedestrian zone
- •Large floor area (203 m²) with 7 rooms, rare in this market segment
- •Elevator access in an emblematic building
Cons
- •Requires extensive and costly renovation due to decades of vacancy
- •No terrace or outdoor space, limiting premium rental appeal
- •High entry price relative to current estimated rental yield
Description
There are few homes for sale in Alicante of this category. It is a 230 square meter apartment, well located, next to Plaza Ruperto Chapí and the Teatro Principal. The street, one of the most picturesque and traditional in Alicante, is being pedestrianized by the City Council, as a culmination of its privileged location. Due to the age of this emblematic building and the fact that no one has lived in it for decades, it needs to be almost completely renovated. With a renovation to the buyer's taste, it will be a luxury to live in it.