Active ID: 109154301 Centro Tradicional

Flat / apartment for sale in Calle Castaños

2 Bed • 1 Bath • 55 m² • Floor 3

€215,000

€215,000 2026-04-13
€225,000 2026-04-07
€215,000 2025-10-08
AI Analyst
Long-term Rental

"Prime central Alicante location with strong rental demand, this 2-bedroom apartment offers value-add potential through renovation. East-facing, with terrace and elevator, it’s a rare opportunity to reposition a compact asset in a vibrant urban market."

Negotiation Leverage Balanced
Value Add Full interior renovation (kitchen, bathroom, finishes) to modern standards
Pros
  • Excellent city center location near amenities and transport
  • Elevator and terrace increase tenant appeal
  • Strong rental demand in central Alicante
Cons
  • Requires significant renovation investment
  • Small size limits target tenant pool
  • Potential noise and limited privacy due to central location
Description

Discover your new home in the heart of Alicante! This charming 55 m² apartment is located in an emblematic building, just a few steps from the Central Market and the Principal Theater. With two bedrooms, a bathroom, living room, and kitchen, this space offers exceptional brightness thanks to its east-facing orientation. Although it requires renovation, the customization possibilities are endless, allowing you to create the authentic gem you've always dreamed of. Imagine enjoying your coffee on the terrace or balcony while feeling the vibrant city life. The location is unbeatable: access to various amenities without needing a car, allowing you to enjoy everything Alicante has to offer. Additionally, the building has an elevator and electric heat pump heating. Don't miss this unique opportunity to make this apartment your ideal home. Come visit it and fall in love!

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €215,000
Taxes (ITP 10%) + €21,500
Notary Fees + €1,806
Registry Fees + €688
Gestoría Fees + €645
Valuation + Other + €339

Total Investment €239,978
Est. Monthly Rent €1,196/mo
Est. Annual Rent €14,349/yr

Est. Yield 5.71%
Days on Market
195
First seen
2025-10-08
View on Idealista