Active ID: 107611435 Mercado

Flat / apartment for sale in Plaza d'Espanya, 1

2 Bed • 1 Bath • 60 m² • Floor 5

€299,000

AI Analyst
Holiday Rental

"Penthouse with tourist license in central Alicante, featuring a large terrace and flexible layout. Prime location near the market and transport, offering strong short-term rental potential but requiring renovation to unlock full value."

Negotiation Leverage Balanced
Value Add Renovate kitchen, bathroom, and interior finishes to modern standards
Pros
  • Tourist license enables legal short-term rentals
  • Prime central location near amenities and transport
  • Large terrace and flexible annex space add appeal
Cons
  • Requires significant renovation investment
  • Older building (1958) may have structural or maintenance risks
  • Modest size limits long-term rental upside
Description

PENTHOUSE - Discover your new home in the heart of Alicante! This charming penthouse, located next to the emblematic bullring, offers you a unique opportunity to live in one of the most vibrant areas of the city. With 60 m² built and 50 m² useful, this apartment has two cozy bedrooms, a complete bathroom and a versatile annex that you can transform into an additional living room or a third bedroom. The jewel of this property is its magnificent terrace, perfect for enjoying the warm Alicante nights or for organizing unforgettable gatherings with friends and family. In addition, the balcony offers you an extra space to relax and enjoy the fresh air. With a tourist license, this penthouse is ideal for both living and investing. The location is unbeatable: close to the central market, bus stops, restaurants and the tram, you will have everything you need just a step away. Built in 1958 and ready to renovate to your liking, this apartment on the 5th floor with elevator has heating and air conditioning for your maximum comfort. Don't miss the opportunity to turn this penthouse into the home of your dreams. Come visit it and let yourself fall in love!

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €299,000
Taxes (ITP 10%) + €29,900
Notary Fees + €2,512
Registry Fees + €957
Gestoría Fees + €897
Valuation + Other + €339

Total Investment €333,604
Est. Monthly Rent €826/mo
Est. Annual Rent €9,909/yr

Est. Yield 2.97%
Days on Market
211
First seen
2025-08-04
View on Idealista