Active ID: 108870401 Centro Tradicional

Flat / apartment for sale in Calle Bazán

1 Bed • 1 Bath • 70 m² • Floor 4

€180,000

AI Analyst
Long-term Rental

"Versatile office in Alicante’s Centro-Tradicional offers strong conversion potential to residential use, with a central location, good natural light, and elevator access, making it attractive for long-term rental investors seeking value-add opportunities."

Negotiation Leverage Balanced
Value Add Change of use to residential and interior renovation (kitchen, bathroom, finishes)
Pros
  • Prime city center location with strong rental demand
  • Potential for value creation via change of use and renovation
  • Elevator access in a mid-rise building
Cons
  • Currently not legally a residential unit—change of use required
  • Interior unit with no exterior views or terrace
  • 1970s construction may require significant modernization
Description

Office for Sale in the Heart of Alicante. Discover this interior office of approximately 58 useful meters, located in the heart of urban Alicante. With two spacious rooms, this space adapts perfectly to your professional needs. The office, located in a seven-story building, offers an excellent investment opportunity, as there is the possibility of changing its use to housing. Imagine converting this place into your ideal home, with a large bedroom and a living room that includes a built-in kitchen, all in a comfortable and functional environment. Built in 1970, this office has a toilet and a west orientation that allows you to enjoy good natural lighting for much of the day. Its privileged location places you close to all the services and amenities that the city offers, facilitating access to public transport and commercial areas. Don't miss the opportunity to acquire this versatile space and transform it into what you have always dreamed of. Come visit it and discover its full potential!

Features
Elevator
Air Conditioning
Investment Summary
Purchase Price €180,000
Taxes (ITP 10%) + €18,000
Notary Fees + €1,512
Registry Fees + €576
Gestoría Fees + €540
Valuation + Other + €339

Total Investment €200,967
Est. Monthly Rent €1,106/mo
Est. Annual Rent €13,278/yr

Est. Yield 6.61%
Days on Market
182
First seen
2025-10-08
View on Idealista