Active ID: 105492941 Casco Histórico

Flat / apartment for sale in Plaza Santísima Faz

5 Bed • 2 Bath • 466 m² • Floor 1

€850,000

AI Analyst
Coliving

"Prime 266 m² apartment in Alicante’s historic center offers significant value-add potential through segmentation or full renovation, with strong demand drivers from location and flexible use cases for investors."

Negotiation Leverage Balanced
Value Add Segregate into multiple units or modernize for coliving/tourist rental
Pros
  • Exceptional central location with high rental demand
  • Large, flexible floorplan suitable for segmentation or coliving
  • Abundant natural light and attractive plaza views
Cons
  • Significant capital expenditure required for renovation
  • Current yield is low relative to asking price
  • Potential regulatory hurdles for tourist or coliving conversion
Description

Floor with multiple opportunities in the Heart of Alicante! IDEAL FOR INVESTORS This spacious 266 square meter apartment is located in the Plaza Santisima Faz, a privileged location in the city center. Its features offer multiple possibilities to adapt it to your needs: Spacious Distribution: With its generous square meters, this apartment gives you the freedom to design the spaces according to your preferences. Ideal to transform it into tourist housing, a hostel or to live. It can be segregated into several apartments. Brightness and Views: The windows allow the entry of natural light coming from both the street and interior patios, creating a cozy atmosphere. In addition, from here you can enjoy beautiful views of the Plaza Santisima Faz. Reform Potential: Are you looking to give the apartment a special touch? In that case it is an excellent base to carry out reforms and turn it into a unique and functional space. Unbeatable Location: Being in the heart of Alicante means having everything at your fingertips: shops, restaurants, public transport and emblematic places. If you want more details or arrange a visit, do not hesitate to contact us. We are here to help you?

Features
Elevator
Air Conditioning
Exterior
Investment Summary
Purchase Price €850,000
Taxes (ITP 10%) + €85,000
Notary Fees + €7,140
Registry Fees + €2,720
Gestoría Fees + €2,550
Valuation + Other + €339

Total Investment €947,749
Est. Monthly Rent €2,550/mo
Est. Annual Rent €30,600/yr

Est. Yield 3.23%
Low (Estimated)
Days on Market
119
First seen
2025-12-16
View on Idealista