Active ID: 87107486 Centro Tradicional

Flat / apartment for sale in Centro Tradicional

6 Bed • 2 Bath • 215 m² • Floor 4

€415,000

AI Analyst
Long-term Rental

"Prime 215 m² apartment in Alicante’s Centro Tradicional, offering 5/6 bedrooms, proximity to the port, beach, and commercial zones—ideal for high-end urban living or flexible rental strategies."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms to increase rental yield and tenant appeal
Pros
  • Exceptional central location near port, beach, and commercial areas
  • Large floor plan with 5/6 bedrooms—rare in city center
  • Elevator and potential garage add to tenant/owner convenience
Cons
  • High community fees (€217/month) impact net yield
  • Dated interiors may require significant modernization
  • Limited price appreciation potential if market softens in prime city centers
Description

Housing in a unique, high-standing building, located on Rambla Méndez Núñez, one of the most representative and emblematic streets in the center of Alicante, which converges with the Explanada de España and the Alicante Maritime Port, both points of great interest and reference for the city. Undoubtedly a privileged acquisition. With a built area of 205 square meters registered, it is distributed in a hall, a spacious living-dining room of over 60 square meters, 5/6 very spacious bedrooms, 2 bathrooms, and an independent kitchen. Possibility of a garage in the same building. Property extras: top-quality oak carpentry, porcelain flooring, central heating by radiators, smooth wall paint, ELEVATOR. The emblematic property is located less than a 3-minute walk from the Explanada de España and Maritime Port, 5 minutes from Postiguet Beach, 5 minutes from the city's commercial area, 3 minutes from the TRAM station, 12 minutes from the Renfe station, and 20 minutes from Alicante Airport. 4th floor. Property price: €415,000. Community fees: €217 per month. IBI (Property Tax): €996 per year. The indicated price does not include the expenses and taxes inherent to the acquisition, which are detailed below and will be borne by the buyer: Transfer Tax (ITP): The tax rate in force in the Valencian Community will apply (generally 10% (€41,500), without prejudice to reduced rates of 8%, 6%, 4%, and 3% depending on the personal circumstances of the buyer or the property). The tax is accrued on the Cadastral Reference Value or the sale price, whichever is higher. Notary fees: Fees will be calculated according to the official tariff regulated in Annex/, of R. D. 1426/1989. Registry fees: Registration will be invoiced according to the official tariff established in ANNEX/, of R. D. 1427/1989. Management fees (Gestoría): Fees for administrative processing, tax settlement, and registration amount to between €300/€400 (VAT included). Agency fees: To be paid by the owner. For exhaustive information on tax rates and ITP benefits, you can consult the official portal of the Valencian Tax Agency: https: llatv. gva. esleslitpaid.

Features
Elevator
Terrace/Balcony
Air Conditioning
Parking
Exterior
Investment Summary
Purchase Price €415,000
Taxes (ITP 10%) + €41,500
Notary Fees + €3,486
Registry Fees + €1,328
Gestoría Fees + €1,245
Valuation + Other + €339

Total Investment €462,898
Est. Monthly Rent €2,594/mo
Est. Annual Rent €31,125/yr

Est. Yield 6.72%
Days on Market
182
First seen
2025-10-08
View on Idealista