Active ID: 109057619 Casco Histórico

Penthouse for sale in Calle General Primo de Rivera, 8

2 Bed • 2 Bath • 75 m² • Floor 5

€395,000

AI Analyst
Holiday Rental

"Renovated penthouse in Alicante’s Old Town offers a blend of historic charm and modern finishes, featuring two bedrooms, two baths, and a private terrace with sea views—an attractive asset for lifestyle-oriented tenants or short-term stays."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Prime Old Town location with strong tourist appeal
  • Fully renovated with high-quality finishes, minimizing capex
  • Private terrace with sea views enhances rental desirability
Cons
  • Modest size (75 m²) limits long-term rental upside
  • Premium pricing relative to local rental yields
  • Potential seasonality and regulatory risks for holiday lets
Description

Charming Penthouse in the Old Town In the heart of Alicante's Old Town lies this gem: a renovated penthouse that combines traditional character with modern comfort. With 70 m² intelligently distributed, this home offers a unique Mediterranean living experience. The main floor houses two bright bedrooms, two full bathrooms—one en suite—and an elegant dressing room in the master bedroom. The open-plan kitchen integrates with the living room, creating a cozy and functional space, ideal for enjoying everyday life or entertaining guests. From the living room, a staircase leads to the upper floor, where a spectacular private terrace with sea views awaits. A perfect spot to unwind, sunbathe, or contemplate the sunsets of Alicante. The home has been completely renovated with high-quality finishes: smooth walls, ducted air conditioning, and a meticulous aesthetic that provides warmth and style. A unique penthouse in a privileged location, where every detail has been carefully designed to enjoy life with elegance and tranquility.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €395,000
Taxes (ITP 10%) + €39,500
Notary Fees + €3,318
Registry Fees + €1,264
Gestoría Fees + €1,185
Valuation + Other + €339

Total Investment €440,606
Est. Monthly Rent €1,130/mo
Est. Annual Rent €13,564/yr

Est. Yield 3.08%
Days on Market
79
First seen
2025-12-15
View on Idealista