Active ID: 108407798 Casco Histórico

Flat / apartment for sale in Calle San Telmo

1 Bed • 1 Bath • 53 m² • Floor 5

€260,000

AI Analyst
Long-term Rental

"Prime old-town Alicante apartment steps from Postiguet Beach, offering strong rental appeal due to its central location, natural light, and proximity to major attractions. Compact yet efficient layout maximizes value in a sought-after historic district."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathroom to increase rental yield
Pros
  • Exceptional location near beach and city center
  • Elevator access in a historic building
  • High rental demand in tourist and expat area
Cons
  • Small living area limits tenant profile
  • No terrace or outdoor space
  • Premium pricing for size may constrain yield
Description

Just steps from the sea, this bright apartment offers 43 sqm of living space, located on the 5th floor of an elegant building with elevator, featuring only three units per floor. It includes one double bedroom, a spacious bathroom, and an open-plan kitchen-living area filled with natural light. Prime location near the beach and city center Set in second line from Postiguet Beach, in one of Alicante’s most sought-after neighborhoods. Within walking distance to the Explanada de España, Calle Mayor, and numerous restaurants, shops, and cafés. Calle San Telmo: charm, history, and authenticity Calle San Telmo, named after the patron saint of sailors, sits in the heart of Alicante’s old town. The street connects to historic landmarks such as the Town Hall, Postiguet Beach, and the Santa Bárbara Castle.

Features
Elevator
Air Conditioning
Exterior
Investment Summary
Purchase Price €260,000
Taxes (ITP 10%) + €26,000
Notary Fees + €2,184
Registry Fees + €832
Gestoría Fees + €780
Valuation + Other + €339

Total Investment €290,135
Est. Monthly Rent €1,060/mo
Est. Annual Rent €12,726/yr

Est. Yield 4.39%
Days on Market
78
First seen
2025-12-15
View on Idealista