Active ID: 110379820 Centro Tradicional

Flat / apartment for sale in Centro Tradicional

2 Bed • 1 Bath • 82 m²

€240,000

↓ 17.2% from €290,000
€240,000 2026-05-23
€245,000 2026-03-29
€265,000 2026-03-11
€290,000 2026-01-21
AI Analyst
Long-term Rental

"Well-located 2-bedroom apartment in Alicante’s Centro Tradicional, offering immediate rental potential due to proximity to key amenities, beaches, and cultural sites. Compact layout with patio access and storage enhances appeal for urban tenants."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathroom to increase rental yield
Pros
  • Prime city center location near major attractions and services
  • Ready to move in with no urgent repairs needed
  • Outdoor patio access and storage room add tenant appeal
Cons
  • No elevator in building, limiting accessibility
  • Smaller size may restrict tenant profile
  • Potential for higher maintenance costs in older traditional buildings
Description

Centrally located home ready to move into, situated in the traditional city center, next to Plaza Nueva and Plaza de la Montañeta. It has a built area of 82 m2. The home features two cozy double bedrooms, an open-plan kitchen/living room, and a full bathroom. The living room has access to a pleasant patio terrace, and there is also a storage room. Excellent location surrounded by all services and very close to the Teatro Principal, Rambla Méndez Núñez, and Postiguet Beach. Well-maintained traditional building without an elevator.

Features
Elevator
Exterior
Investment Summary
Purchase Price €240,000
Taxes (ITP 10%) + €24,000
Notary Fees + €2,016
Registry Fees + €768
Gestoría Fees + €720
Valuation + Other + €339

Total Investment €267,843
Est. Monthly Rent €1,174/mo
Est. Annual Rent €14,092/yr

Est. Yield 5.15%
Days on Market
123
First seen
2026-01-21
View on Idealista