Active ID: 99858159 Centro Tradicional

Flat / apartment for sale in Calle Gerona

4 Bed • 2 Bath • 155 m² • Floor 3

€565,000

AI Analyst
Long-term Rental

"Prime 155 m² apartment in Alicante’s prestigious Centro-Tradicional, offering historic architecture, panoramic city and port views, and modernized interiors—an attractive asset for investors seeking stable, high-end urban rental demand."

Negotiation Leverage Balanced
Value Add Minor cosmetic upgrades or kitchen modernization could further enhance rental appeal.
Pros
  • Exceptional central location with iconic views and prestige.
  • Spacious 4-bedroom layout suitable for families or professionals.
  • Modernized interiors with preserved historic features and sound insulation.
Cons
  • Gross rental yield is modest (~4%), limiting upside for yield-focused investors.
  • No terrace or outdoor space, which may deter some tenants.
  • Historic building may entail higher maintenance or community costs.
Description

Today we exclusively present this wonderful home located in the most noble and prestigious area of the city of Alicante. The house is accessed from Gerona Street, but has immaculate views of Rambla Mendez Nuñez, the port and the Explanada de Alicante. The apartment is located in a historic building, owned by a famous architect who revolutionized the panorama of buildings and structures, his works such as the capitol building in Madrid, almost a hundred years ago. This home consists of 155 m2 built divided into four bedrooms and two full bathrooms. The house has hot and cold air conditioning through ducts, brand new quality furniture, restored carpentry of the original with double climalit glass, Japanese blinds and an integrated anti-mosquito panel. A spectacular, spacious, bright home, with bedrooms inside the home, a great advantage to reduce noise pollution in the center, making the sound threshold zero. A unique opportunity. K&N ELITE Real Estate Agency is a prestigious real estate agency in the city of Alicante and its province, which is mainly dedicated to the marketing of High Standing properties. All of their advisors are experts in the Alicante real estate market: they have extensive training and more than 30 years of experience, which makes them specialists in the sector. In addition, they serve customers in 10 languages, and offer them extensive after-sales service. K&N ELITE provides exclusive comprehensive legal advice for real estate purchase, sale and rental operations. All documentation of the properties under its management are studied and reviewed by its Legal Department. As experts in the real estate market, K&N ELITE is present in different national and international Real Estate forums, where they disseminate their studies on the market value of real estate. As well as on multiple platforms and media that trust his professionalism. In addition, K&N ELITE is positioning leader in specialized portals, both Spanish and international. "The key to our trade is to offer the best service to our customers. ".

Features
Elevator
Air Conditioning
Parking
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €565,000
Taxes (ITP 10%) + €56,500
Notary Fees + €4,746
Registry Fees + €1,808
Gestoría Fees + €1,695
Valuation + Other + €339

Total Investment €630,088
Est. Monthly Rent €1,866/mo
Est. Annual Rent €22,387/yr

Est. Yield 3.55%
Days on Market
146
First seen
2025-10-08
View on Idealista