Active ID: 110513299 Centro Tradicional

Flat / apartment for sale in Centro Tradicional

4 Bed • 2 Bath • 109 m² • Floor 1

€299,000

↓ 3.2% from €309,000
€299,000 2026-03-22
€309,000 2026-02-02
AI Analyst
Long-term Rental

"Well-located 4-bedroom apartment in Alicante’s Centro Tradicional, offering strong natural light, elevator access, and significant renovation potential just 500m from Postiguet Beach—ideal for value-add investors seeking central, high-demand assets."

Negotiation Leverage Balanced
Value Add Full interior renovation to modern standards (kitchen, bathrooms, flooring, finishes)
Pros
  • Prime central location near beach and amenities
  • Flexible 4-bedroom layout with strong natural light
  • Building with elevator and accessibility features
Cons
  • Requires full renovation, increasing upfront capital
  • First floor may limit views and rental premium
  • No terrace or outdoor space, which may limit appeal
Description

Spacious apartment to renovate in the heart of Alicante, 500 m from Postiguet Beach Great opportunity in the heart of Alicante. Spacious 109 m2 apartment for sale, located on the first floor with an elevator and adapted access for people with reduced mobility, in a well-maintained building. The property has 4 exterior bedrooms, which guarantee excellent natural light throughout the day, and 2 bathrooms. Its good distribution allows for multiple renovation options, ideal for creating a modern and functional home or as a high-yield investment. The apartment is for renovation, offering the possibility of completely personalizing it. It has replaced windows, which provide thermal and acoustic insulation, a key added value in such a central location. Unbeatable location: in the heart of Alicante, just 500 meters from Postiguet Beach, 5 minutes from El Corte Inglés, and surrounded by all services: shops, public transport, schools, restaurants, and leisure areas. A home with great potential, spaciousness, and natural light, in one of the most sought-after areas of the city. Ideal as a primary residence, second home, or investment.

Features
Elevator
Exterior
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 €1,650/mo
Est. Annual Rent €19,800/yr

Est. Yield 5.94%
Days on Market
65
First seen
2026-02-02
View on Idealista