Delisted ID: 110132568 Centro Tradicional

Flat / apartment for sale in Centro Tradicional

3 Bed • 3 Bath • 192 m² • Floor 1

€330,000

AI Analyst
Long-term Rental

"Spacious 192 m² property in Alicante’s historic center, currently configured as an office but easily convertible to residential use, offers strong location fundamentals and flexible redevelopment potential for investors seeking value in a prime urban setting."

Negotiation Leverage Balanced
Value Add Convert layout to residential, modernize kitchen and bathrooms
Pros
  • Prime central Alicante location near beach and amenities
  • No administrative hurdles for change of use to residential
  • Large, flexible floor plan allows for custom renovation
Cons
  • Significant renovation costs required to convert to residential
  • No terrace or private outdoor space
  • Potential vacancy risk during conversion period
Description

This 192 m2 property is located in the heart of Alicante, in one of the most established and sought-after areas of the city. It is currently fitted out as an office, although it has all the necessary qualifications for use as a home, as it was originally residential. It is presented in excellent condition and offers an ideal base to develop a custom project. The space is distributed in 6 offices, a meeting room and 3 bathrooms, with spacious and well-defined rooms. Thanks to its surface area and configuration, it allows for a comfortable renovation to adapt it to housing, without the need to carry out administrative procedures for change of use, which represents a great advantage in time and costs. Its location is one of its greatest attractions. It is located in the historic center of Alicante, a few minutes from Postiguet Beach and the Marina, surrounded by supermarkets, shops, restaurants, administrative centers and all kinds of services, which guarantees comfort and quality of life. In addition, it has excellent connections via TRAM and bus lines, facilitating access from any point in the city and its metropolitan area. A unique opportunity both for those looking for a spacious home in the center and for investors who want a property with high potential for appreciation.

Features
Elevator
Exterior
Investment Summary
Purchase Price €330,000
Taxes (ITP 10%) + €33,000
Notary Fees + €2,772
Registry Fees + €1,056
Gestoría Fees + €990
Valuation + Other + €339

Total Investment €368,157
Est. Monthly Rent €2,500/mo
Est. Annual Rent €30,000/yr

Est. Yield 8.15%
Days on Market
49
First seen
2026-01-21
View on Idealista