Active ID: 108875259 Carolinas Bajas

Penthouse for sale in Plaza Santa Teresa, 6

3 Bed • 2 Bath • 153 m² • Floor 3

€295,000

AI Analyst
Long-term Rental

"Spacious, renovated penthouse in central Alicante with a vast private terrace and panoramic castle views offers strong lifestyle appeal and rare outdoor space, ideal for premium rental or owner-occupier demand in a vibrant urban setting."

Negotiation Leverage Balanced
Value Add Modernize common areas and staircase; explore terrace optimization for added value or rental income
Pros
  • Exceptional 130 sqm private terrace with panoramic views
  • Fully renovated interior with quality materials
  • Prime city center location near amenities, transport, and beach
Cons
  • No elevator in an older building, limiting accessibility
  • Common areas (staircase) require refurbishment
  • Potential noise and activity from central urban location
Description

Welcome to a spectacular 156 square meter penthouse in the heart of Alicante, which includes exclusive access and ownership of a 130 square meter terrace, with unique views of the Santa Bárbara Castle. This place undoubtedly has the WOW factor, as evidenced by everyone who has passed through the door saying "WOW" Penthouse on the third floor in the heart of the historic city of Alicante. First, the bad points: The penthouse is located in a rather old building, so the staircase needs decorating. Secondly, the property does not include a lift. That's all for the bad points. Here are the good points: 3 spacious double bedrooms, one of which is currently used as a recording studio. 2 of the bedrooms with double built-in wardrobes. A huge south-facing living room with beautiful views of 2 squares in front of the house and 2 castles on both sides. A large size rear balcony / terrace overlooking the historic Plaza de Toros, again a magnificent view. Kitchen comes with a built-in oven and ceramic hob. Most of the penthouse has been completely renovated and refurbished in the last 7 years with quality materials. Toilet at the entrance of the rear terrace. The penthouse is right in the heart of the city, San Anton is the second oldest neighborhood in the city, it has 3 supermarkets within a 2-minute walk, and 24-hour shops. There are bus stops on every corner and taxi stops at the door, the central market and the metro are a 5-minute walk to the end of the street, as are 2 of the main streets of Alicante - La Rambla and Alfonso del Sabio. All kinds of bars and restaurants surround the property. The beach is another 5-minute walk from La Rambla. Last but not least, is the roof terrace, which comes with full ownership and building rights. It contains 2 cabins that can be used for storage, additional bedrooms or an extra income, there is a third structure which is a 3rd bathroom with shower. With 300 days a year of sunshine, views of the castles on both sides and a ton of space to relax or socialize, a large part of your time will be spent on the terrace with glorious sunshine and easy living. Here you can live the life of a millionaire, for a fraction of the price!

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €295,000
Taxes (ITP 10%) + €29,500
Notary Fees + €2,478
Registry Fees + €944
Gestoría Fees + €885
Valuation + Other + €339

Total Investment €329,146
Est. Monthly Rent €1,350/mo
Est. Annual Rent €16,200/yr

Est. Yield 4.92%
Days on Market
1
First seen
2026-05-19
View on Idealista