Delisted ID: 104970266 Centro Tradicional

Penthouse for sale in Avenida de la Constitución, 8

5 Bed • 6 Bath • 243 m² • Floor 6

€1,650,000

AI Analyst
Avoid

"Prime penthouse in Alicante’s historic center with 5 bedrooms, expansive terraces, and luxury amenities offers rare urban exclusivity but faces yield challenges at current pricing."

Negotiation Leverage Balanced
Value Add Modernize interiors to ultra-luxury standard or reconfigure for premium short-term rental
Pros
  • Prestigious central location in historic building
  • Large private terrace and solarium with jacuzzi
  • Includes two parking spaces and storage rooms
Cons
  • Estimated rental yield is low relative to price
  • High-end segment may face limited tenant pool
  • Potentially significant capital tied up with slow resale liquidity
Description

At Chapi Real Estate, S. L we invite you to discover this spectacular penthouse in the emblematic building "Antiguo Gobierno Militar", located on Avenida de la Constitución, in the heart of Alicante. With 225 m² of surface, this property offers a luxurious and comfortable lifestyle, ideal for those looking for the best. This penthouse has 5 spacious bedrooms, 5 full bathrooms and 1 toilet, designed to offer maximum comfort. The fully equipped kitchen is perfect to inspire any gastronomy lover. The spacious living room, with large windows, is filled with natural light creating a warm and cozy atmosphere with maximum privacy. One of the greatest charms of this property is its fantastic 45 m² terrace, perfect to enjoy outdoor dinners or relax with a good book. It also has a private 176 m² solarium, an ideal place to sunbathe or enjoy a starry night while relaxing in its fantastic jacuzzi. The comfort extends to the 2 large parking spaces and 2 storage rooms, providing additional space for your storage needs. Located in one of the most exclusive areas of Alicante, this penthouse places you in the center of the vibrant urban life of the city. Avenida de la Constitución offers direct access to shops, restaurants, services and public transport, ensuring that everything you need is at your fingertips. This penthouse is a jewel in the real estate market, perfect for those looking for a main residence or a high-level investment in the center of Alicante. Do not miss this unique opportunity to live in a historic building with all the modern comforts. Do not hesitate to contact us.

Features
Elevator
Terrace/Balcony
Air Conditioning
Parking
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €1,650,000
Taxes (ITP 10%) + €165,000
Notary Fees + €13,860
Registry Fees + €5,280
Gestoría Fees + €4,950
Valuation + Other + €339

Total Investment €1,839,429
Est. Monthly Rent €2,119/mo
Est. Annual Rent €25,425/yr

Est. Yield 1.38%
Days on Market
6
First seen
2025-10-08
View on Idealista