Active ID: 111083517 Casco Histórico

Flat / apartment for sale in Avenida de Jaime II

4 Bed • 2 Bath • 137 m² • Floor 2

€389,000

AI Analyst
Long-term Rental

"Prime 4-bedroom corner apartment in Alicante’s historic center, offering abundant natural light, a smart layout, and significant renovation potential—ideal for investors seeking value creation in a prestigious, high-demand location."

Negotiation Leverage Balanced
Value Add Full interior modernization to contemporary standards
Pros
  • Exceptional central location near Central Market and amenities
  • Large, flexible floor plan with four double bedrooms
  • Abundant natural light and exterior orientation
Cons
  • Requires significant renovation to maximize value
  • Potentially higher acquisition cost for the area
  • Historic building may have maintenance or regulatory constraints
Description

RK Lufran is pleased to exclusively present one of those properties that rarely come on the market. Located in the vibrant heart of Alicante, this corner home combines the elegance of a prestigious building with unlimited renovation potential. What makes this home special: Premium Location: Steps from the Central Market, surrounded by the best gastronomic and commercial offerings. Smart Layout: Thanks to its hallway-free design, every square meter is maximized. Light in Every Corner: Being a completely exterior and corner property, it enjoys exceptional luminosity throughout the day. Generous Spaces: A large living-dining room with access to a glazed terrace with unobstructed views of the iconic Central Market. Resting Area: 4 double bedrooms. The master suite is a true sanctuary with a private dressing room and en-suite bathroom. The building, a stately landmark in the area, has adapted access and a distinguished neighborhood. It is the perfect blank canvas to design the home of your dreams in Alicante's golden mile. *This document is purely informative, orientative, and non-binding, therefore it does not constitute contractual information, and its use is strictly commercial. *.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €389,000
Taxes (ITP 10%) + €38,900
Notary Fees + €3,268
Registry Fees + €1,245
Gestoría Fees + €1,167
Valuation + Other + €339

Total Investment €433,918
Est. Monthly Rent €2,300/mo
Est. Annual Rent €27,600/yr

Est. Yield 6.36%
Days on Market
1
First seen
2026-04-07
View on Idealista