Active ID: 110474308 Centro Tradicional

Flat / apartment for sale in Calle Colon

4 Bed • 2 Bath • 115 m² • Floor 1

€299,000

↓ 3.2% from €309,000
€299,000 2026-03-17
€309,000 2026-01-28
AI Analyst
Long-term Rental

"Corner ground-floor apartment in Alicante’s Centro-Tradicional, recently renovated with four bedrooms, dual balconies, and flexible use potential—ideal for both residential and professional purposes in a prime, high-demand location near the beach."

Negotiation Leverage Balanced
Value Add Minor cosmetic upgrades to common areas or conversion to dual-use (residential/office) for higher yield
Pros
  • Prime central location with strong rental demand
  • Flexible layout suitable for residential or office use
  • Recent renovations including kitchen, windows, and insulation
Cons
  • Ground-floor exposure may limit privacy and security
  • Potential noise from busy commercial streets
  • Limited outdoor space despite balconies and patio
Description

Excellent opportunity to acquire a ground-floor apartment, located on a corner and with an elevator, in the heart of Alicante. A versatile property, ideal both as a primary residence and for a professional office or home office. The property is located at the intersection of two commercial streets, making it particularly suitable for activities such as a professional office, consultation room, physiotherapy, therapy center, or remote work, without sacrificing the comfort of a home. It features a very functional layout: four bedrooms, a spacious living room, two bathrooms, a separate kitchen, and two balconies. Being a corner property, all rooms benefit from natural light. The living room, with an approximate area of 27 m², is spacious, bright, and well-ventilated. The kitchen, completely renovated, is equipped with new upper and lower cabinets, a marble countertop, and modern appliances: induction hob, oven, microwave, refrigerator, and washing machine. It also has a large interior patio that promotes excellent cross-ventilation along with the exterior rooms. The property has been recently renovated, incorporating new doors and windows with high-quality glazing that improve thermal and acoustic insulation, increasing comfort and energy efficiency. It has two balconies with clear views, which provide brightness and a pleasant connection with the urban environment. Unbeatable location, surrounded by all types of services, shops, public transport, and leisure areas. A few meters from a central square and very close to children's playgrounds. The beach is only 450 meters away, allowing for easy enjoyment of the Mediterranean lifestyle. Low maintenance costs, making this property a very attractive option for both living and investing. A bright, well-distributed home with multiple possibilities in one of the most sought-after areas of Alicante.

Features
Elevator
Terrace/Balcony
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €299,000
Taxes (ITP 10%) + €29,900
Notary Fees + €2,512
Registry Fees + €957
Gestoría Fees + €897
Valuation + Other + €339

Total Investment €333,604
Est. Monthly Rent €1,675/mo
Est. Annual Rent €20,100/yr

Est. Yield 6.03%
Days on Market
70
First seen
2026-01-28
View on Idealista