Active ID: 109287048 Casco Histórico

Detached house for sale in CL San Luis

1 Bed • 1 Bath • 36 m² • Floor 1

€175,000

↓ 12.1% from €199,000
€175,000 2026-03-02
€199,000 2025-12-16
AI Analyst
Holiday Rental

"Unique 1-bedroom detached house in Alicante’s historic Santa Cruz, offering original features and potential for expansion with a terrace boasting panoramic city, castle, and sea views. Comprehensive renovation required, ideal for value-add investors."

Negotiation Leverage Balanced
Value Add Full renovation and addition of a terrace floor to maximize rental appeal
Pros
  • Prime location in Alicante’s historic center, close to amenities and coast
  • Potential to add a floor and terrace with exceptional views
  • Original architectural elements enhance character and appeal
Cons
  • Requires comprehensive renovation, increasing upfront capital outlay
  • Small size (36 m²) limits long-term rental flexibility
  • No elevator and not exterior-facing, which may deter some tenants
Description

We present a unique property located in the emblematic Santa Cruz neighborhood, in the heart of the historic center of the city of Alicante. This location stands out for its peaceful character, just a short distance from the main commercial areas, restaurants, and the Mediterranean coast. Currently, it comprises one bedroom, one bathroom, a kitchen, and a living room. Inside, original architectural elements such as exposed wooden beams are preserved. The property requires a comprehensive renovation, which represents an excellent opportunity to develop a personalized project. It is worth noting the possibility of adding an additional floor with a terrace from which exceptional panoramic views of the urban area, the Santa Bárbara Castle, and the sea can be obtained. This is, without a doubt, an unbeatable opportunity both for those looking to develop a residential project with character and for investors interested in one of the most authentic and promising areas of the historic center of Alicante.

Features
Terrace/Balcony
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 €954/mo
Est. Annual Rent €11,445/yr

Est. Yield 5.86%
Days on Market
122
First seen
2025-12-16
View on Idealista