Active ID: 108801718 Casco Histórico

Terraced house for sale in Calle San Antonio

2 Bed • 1 Bath • 38 m²

€175,000

AI Analyst
Long-term Rental

"Unique 38 m² townhouse in Alicante’s historic Santa Cruz offers strong value-add potential through full renovation and possible rooftop terrace, leveraging original features and prime Old Town location for future rental or resale upside."

Negotiation Leverage Balanced
Value Add Full renovation, add rooftop terrace, modernize interior while preserving historic features
Pros
  • Prime location in sought-after Old Town near beach and amenities
  • Potential to add value via renovation and rooftop terrace
  • Charming original architectural features
Cons
  • Requires full renovation, increasing upfront capital outlay
  • Small size limits rental pool and resale market
  • No elevator or existing terrace; exterior access may be limited
Description

Charmig townhouse in old town Welcome to this unique property located in the picturesque neighborhood of Santa Cruz, in the heart of Alicante’s Old Town. This peaceful and authentic area, with its cobbled streets and traditional architecture, offers a true sense of history while being just a short walk from the city’s vibrant life, shops, restaurants, and the beach. The property requires full renovation but offers excellent potential. There is the possibility to build an additional floor and create a private rooftop terrace with stunning views over the city, the Santa Bárbara Castle, and the sea. The current layout includes one bedroom, one bathroom, a kitchen, and a living room. Inside, you’ll find charming original features such as traditional floor tiles, exposed wooden beams, high ceilings, and a preserved façade that adds to the property’s character. A perfect opportunity for those looking for a personal project or investment in one of Alicante’s most genuine and sought-after areas.

Features
Air Conditioning
Investment Summary
Purchase Price €175,000
Taxes (ITP 10%) + €17,500
Notary Fees + €1,470
Registry Fees + €560
Gestoría Fees + €525
Valuation + Other + €339

Total Investment €195,394
Est. Monthly Rent €904/mo
Est. Annual Rent €10,851/yr

Est. Yield 5.55%
Days on Market
79
First seen
2025-12-15
View on Idealista