Active ID: 107792181 Casco Histórico

Flat / apartment for sale in Casco Histórico-Santa Cruz

4 Bed • 6 Bath • 125 m²

€710,000

AI Analyst
Holiday Rental

"Prime, fully renovated 4-bedroom apartment in Alicante’s Casco Histórico, boasting rare tourist and guesthouse licenses, just steps from the Explanada and beach—offering immediate, flexible rental income in a supply-constrained market."

Negotiation Leverage Balanced
Value Add Convert storage room to 5th bedroom to increase occupancy and revenue
Pros
  • Rare tourist and guesthouse licenses in a restricted area
  • Fully renovated, turnkey condition with modern appliances
  • Exceptional location near Explanada and beach, high tourist demand
Cons
  • High entry price relative to local market averages
  • Potential regulatory risks for short-term rentals in the future
  • Limited upside on value-add beyond minor layout changes
Description

Homykey presents this excellent investment opportunity in the heart of Alicante. This apartment has both a tourist license and a guesthouse license, making it a secure investment in one of the city's most sought-after areas. Located just 20 meters from the Explanada and 200 meters from the beach, this fully renovated apartment is ready to start generating returns from day one. The property features 4 bedrooms and 3 bathrooms, distributed into two independent suites, each with two bedrooms and a private bathroom. This setup allows for rental as separate units or as a single four-bedroom apartment, with a maximum capacity of six people. The property includes a spacious storage room with a window, which could be converted into an additional bedroom. The kitchen is large and provides access to the gallery, adding to the convenience. The sale includes various appliances such as two televisions, two refrigerators, a glass-ceramic cooktop, a coffee maker, and a washing machine. In 2022, PVC windows and a new balcony door were installed, improving insulation and energy efficiency. It is important to note that new tourist licenses are no longer being issued in this area, making this property a unique investment opportunity. A detailed calculation of income and expenses will be provided upon request. If you need financing, contact us: we take care of the banking procedures for obtaining a mortgage loan at no additional cost. The price does not include the payment of property transfer taxes, notary fees, or registration costs. This document is purely informative, for guidance purposes only, and is not legally binding. It is strictly for commercial use. [IW].

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €710,000
Taxes (ITP 10%) + €71,000
Notary Fees + €5,964
Registry Fees + €2,272
Gestoría Fees + €2,130
Valuation + Other + €339

Total Investment €791,705
Est. Monthly Rent €2,225/mo
Est. Annual Rent €26,700/yr

Est. Yield 3.37%
Days on Market
78
First seen
2025-12-15
View on Idealista