Active ID: 109998700 Centro Tradicional

Flat / apartment for sale in Calle Castaños

4 Bed • 4 Bath • 200 m² • Floor 1

€850,000

AI Analyst
Long-term Rental

"Prime 200 m² dual-unit apartment in Alicante’s historic center, fully renovated in 2018, offers flexible layouts for premium rentals or luxury living, with a private patio and proximity to key city amenities."

Negotiation Leverage Balanced
Value Add Minor cosmetic upgrades or furnishing for premium rental positioning
Pros
  • Prime central location with high rental demand
  • Flexible dual-unit layout maximizes rental income potential
  • Fully renovated in 2018, minimizing immediate capex
Cons
  • Gross yield (~3.5%) is modest for the price point
  • Protected building status may restrict future modifications
  • No terrace or exterior private space beyond the patio
Description

EXCLUSIVELY! Unique property in the heart of Alicante's Traditional Center! VITALITY VIVIENDAS presents this jewel located on the emblematic Calle Castaños. A home that combines history, contemporary design and a versatility that very few properties offer today in the city. Located in a protected building from 1906, the property was completely renovated in 2018, respecting its historical value and updating it with a modern, efficient and functional design. It occupies almost 200 m² on a single floor and is currently distributed in two completely independent apartments, each with its own living room, kitchen, two bedrooms and two bathrooms. The house can be used as: - Two separate units, ideal for families, guests or premium rentals; - Main residence + independent unit for rent (with high demand in the area); -Or easily join to create a single large-format home with more than 180 m² useful, maintaining privacy and double north/south orientation. One of its most special elements is the private interior patio, a quiet and bright space that provides privacy and quality of life in the heart of the city. The location is unbeatable: five minutes from the Central Market, the Town Hall, the Maritime Promenade, El Corte Inglés and the entire gastronomic and cultural area of the center. Ideal for those looking for: • a spacious and exclusive home, • a home with history and recent design, • or a solid investment with high profitability and great demand. An exceptional piece in one of the most representative streets of Alicante. Don't miss this opportunity! Contact us for information and to schedule your visit. VITALITY MAKES IT POSSIBLE! Calle Dr. Just, 1, Alicante Av. Comunidad Valenciana, 7, Benidorm.

Features
Elevator
Exterior
Investment Summary
Purchase Price €850,000
Taxes (ITP 10%) + €85,000
Notary Fees + €7,140
Registry Fees + €2,720
Gestoría Fees + €2,550
Valuation + Other + €339

Total Investment €947,749
Est. Monthly Rent €2,509/mo
Est. Annual Rent €30,109/yr

Est. Yield 3.18%
Days on Market
89
First seen
2025-12-04
View on Idealista