Active ID: 106847115 Casco Histórico

Flat / apartment for sale in Casco Histórico-Santa Cruz

4 Bed • 3 Bath • 179 m² • Floor 8

€1,185,000

AI Analyst
Long-term Rental

"Prime, fully refurbished penthouse in Alicante’s historic center with panoramic castle and sea views, luxury finishes, and terraces. Offers a rare blend of modern amenities and classical charm in a highly desirable urban location."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Prestigious central location with strong tenant demand potential
  • Fully renovated in 2021 with high-end finishes and modern systems
  • Spacious layout with terraces and panoramic views, rare in city center
Cons
  • Gross rental yield is low (~2.3%), limiting cash flow appeal
  • High price point narrows tenant and resale market
  • Luxury segment may be more sensitive to economic downturns
Description

Located in the heart of Alicante, this exclusive luxury property on the Rambla offers a unique urban lifestyle experience with unrivalled views of the Santa Barbara Castle and the Mediterranean. Completely refurbished in 2021, this property combines modern design, creating an elegant and tranquil space in one of the most emblematic areas of the city. Exclusive property in a privileged location. FEATURES AND EQUIPMENT: With a surface area of 180 m², this penthouse stands out for its spacious and bright design. The property is distributed in a spectacular living-dining room with integrated kitchen, which includes an eye-catching central island, high-end appliances and access to a terrace with panoramic views of the Santa Barbara castle and the sea, connected to the living room. There are four bedrooms, two of them with en-suite bathrooms, and an additional separate bathroom shared by two bedrooms. The master bedroom has its own independent terrace, offering privacy and space. All rooms are equipped with double glazed windows, guaranteeing thermal and acoustic insulation. The property includes a central air conditioning system divided into two zones, one for the social area and one for the bedrooms, as well as integrated lighting throughout the house, the corridors as well as the bedrooms are equipped with built-in wardrobes, while the bathrooms have a modern design and high quality finishes. The property combines elements of modern and classical architecture, with smooth walls and sophisticated decoration. In addition, there are electric locks and luxury finishes throughout the house. In addition to an underground garage in the same building, the condominium is managed by a concierge. AREA: Situated on the emblematic Rambla, this property enjoys an unbeatable location in the centre of Alicante. Just a stone's throw from the Old Town, the marina and the Postiguet beach. Surrounded by commercial areas such asMaisonnave, international brands and an unlimited gastronomic offer, cafes and supermarkets. Alicante airport is only 20 minutes away, San Juan airport, the Playa Golf Club is only 10 minutes away, as well as international schools.

Features
Elevator
Terrace/Balcony
Air Conditioning
Parking
Exterior
Investment Summary
Purchase Price €1,185,000
Taxes (ITP 10%) + €118,500
Notary Fees + €9,954
Registry Fees + €3,792
Gestoría Fees + €3,555
Valuation + Other + €339

Total Investment €1,321,140
Est. Monthly Rent €2,300/mo
Est. Annual Rent €27,600/yr

Est. Yield 2.09%
Days on Market
123
First seen
2025-12-15
View on Idealista