Active ID: 108046514 Casco Histórico

Flat / apartment for sale in Casco Histórico-Santa Cruz

5 Bed • 2 Bath • 163 m² • Floor 2

€650,000

↑ 35.4% from €480,000
€650,000 2026-07-08
€480,000 2025-12-16
AI Analyst
Long-term Rental

"Spacious 5-bedroom luxury apartment in Alicante’s historic center, just 10 minutes from Postiguet beach, offers strong rental appeal and city views from a private terrace—ideal for investors seeking prime urban assets with value-add potential."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms to increase rental yield and market value.
Pros
  • Prime central location near beach and city amenities
  • Large 163 m² layout with 5 bedrooms—rare in city center
  • Elevator and terrace with city views enhance tenant appeal
Cons
  • High acquisition cost relative to average Alicante pricing
  • Potentially dated interiors requiring modernization
  • Second-floor location may limit premium rental pricing
Description

Unique opportunity in the heart of Alicante! Impressive apartment ideal for transforming into a hostel, located in the center of Alicante, just 10 minutes from Postiguet beach. For sale with a hostel license, with permission to obtain, 6 bedrooms, 6 bathrooms. It currently has 5 bedrooms and 2 bathrooms, an American-style kitchen, and a terrace with impressive city views. It has a total of 163 m2 built, offering plenty of space to live comfortably. Located on the second floor with an elevator, this apartment is a unique opportunity to live or invest in the center of Alicante. Don't miss this opportunity to live in one of the best places in Alicante, with everything the city has to offer at your doorstep! Purchase costs: – Property Transfer Tax (ITP): generally, 10%, calculated on the higher value between the sale price and the cadastral reference value (if it is higher). In cases where reduced ITP rates may apply, these will be applied in accordance with current regional regulations. – Notary fees corresponding to the deed of sale and its simple copies. (Estimated amount: Between €2,000 and €3,000. (You can request a quote from your trusted notary). – Property registry fees (Estimated amount: Between €300 and €800). – Agency fees (Estimated amount: Between €300 - €400). – Agency fees included in the sale price. *This information is purely informative, indicative, and non-binding, therefore it does not constitute contractual information, and its use is strictly commercial*.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €650,000
Taxes (ITP 10%) + €65,000
Notary Fees + €5,460
Registry Fees + €2,080
Gestoría Fees + €1,950
Valuation + Other + €339

Total Investment €724,829
Est. Monthly Rent €2,523/mo
Est. Annual Rent €30,280/yr

Est. Yield 5.66%
Days on Market
204
First seen
2025-12-16
View on Idealista