Active ID: 104508068 Centro Tradicional

Flat / apartment for sale in Calle San Ildefonso

5 Bed • 1 Bath • 188 m² • Floor 2

€599,000

AI Analyst
Long-term Rental

"Elegant, full-floor 188 sqm apartment in Alicante’s Centro Tradicional, featuring classic architectural details, high ceilings, and five spacious bedrooms—ideal for premium city-center living or flexible rental strategies."

Negotiation Leverage Balanced
Value Add Modernize bathrooms and update select finishes to maximize rental appeal
Pros
  • Prime city-center location with historical prestige
  • Large, flexible layout suitable for families or professionals
  • Recent kitchen renovation and restored building facade
Cons
  • Potentially high renovation costs for bathrooms and finishes
  • Limited building amenities beyond elevator
  • High acquisition price relative to local rental yields
Description

EXCLUSIVE LISTING! Is your dream home an authentic classic gem with spacious rooms in the city center? Look no further, this is the property you had imagined. Located in a stately building constructed at the beginning of the last century with architectural elements from the late 19th century, this elegant residence occupies an entire floor. It carries the prestige of having been the headquarters of a consulate and is situated in the heart of Alicante. This property boasts large dimensions, high ceilings (188 sqm of living space and 4 meters in height), and a rectangular layout that features the characteristic elements of traditional bourgeois houses in the center: a fireplace, impressive ceiling height, multiple rooms, balconies, and enormous doors and windows. From the entrance and to the left, we find the day area, comprising a spacious living room and dining room, both facing south. Both spaces are bathed in light thanks to the large windows and balconies that surround them, offering the perfect setting for one or several cozy reading corners. This noble area connects with the rest of the rooms in the residence through a wide and tall corridor that leads us, on one side, to four exterior double bedrooms (one with a dressing room and another with a mezzanine) and, on the opposite side, to the kitchen that opens onto a light-filled interior patio, a bathroom, and another interior double bedroom. The kitchen, renovated in recent years, includes a dining area and access to the open patio surrounded by tiles, making it an ideal space for enjoying outdoor meals throughout the year. The five bedrooms, comfortable and bright, offer multiple possibilities: workspaces, storage, and more. Throughout the corridor, there are several built-in closets from floor to ceiling: ideal for coats, household linens, and other items. What you'll love most: The spaciousness of the residence, yet its cozy feel; the unique and elegant elements of its architecture: balconies, moldings, and rosettes; its spacious and bright interior patio, and the exclusivity of the building, comprising only 3 neighbors. The facade of the building, with its characteristic tiles on the eaves, has been recently restored and protected. In addition to an elegant entrance, the building also has an elevator. Property expenses: Community fees: €215.76/quarter (€71.92/month) Property tax (IBI): €759.22/year Waste disposal tax: €144.94/year IMPORTANT: The price shown does NOT include taxes or transaction costs. VALENCIAN COMMUNITY (Resale): The Property Transfer Tax (ITP) applies (10% until May 2026; 9% starting June 2026), plus notary fees (approx. 0.2–0.5%), registration fees (approx. 0.1–0.3%), and administrative fees. There are ITP tax breaks for young people, large families, people with disabilities, and subsidized housing (VPO) if regional requirements are met.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €599,000
Taxes (ITP 10%) + €59,900
Notary Fees + €5,032
Registry Fees + €1,917
Gestoría Fees + €1,797
Valuation + Other + €339

Total Investment €667,984
Est. Monthly Rent €2,437/mo
Est. Annual Rent €29,241/yr

Est. Yield 4.38%
Days on Market
0
First seen
2026-04-23
View on Idealista