Active ID: 110272369 Casco Histórico

Flat / apartment for sale in Calle de Cisneros

1 Bed • 1 Bath • 40 m² • Floor 0

€238,000

AI Analyst
Holiday Rental

"Recently renovated, fully furnished 40 sqm ground-floor apartment in Alicante’s historic old town, offering high ceilings, direct street access, and potential for a mezzanine. Prime central location with strong rental demand and immediate move-in readiness."

Negotiation Leverage Balanced
Value Add Build mezzanine to increase usable space and rental yield
Pros
  • Prime location in historic city center with high tourist appeal
  • Fully renovated in 2024 with modern finishes and furnishings
  • Potential to add mezzanine for extra space/value
Cons
  • Small size limits long-term tenant pool
  • Ground-floor unit may have security/noise concerns
  • No terrace or outdoor space, which may limit appeal
Description

This 40 sqm renovated ground-floor apartment is located in the heart of Alicante’s historic old town, one of the city’s most charming and highly sought-after areas. The property was fully renovated in 2024, using modern materials. The high ceilings stand out, providing a strong sense of space and natural light throughout the home. It is sold fully furnished, ready to move in. Thanks to the ceiling height, the property offers the possibility of building a mezzanine (loft) above the bedroom and bathroom area, allowing for additional space and improved functionality. The apartment features direct access from the street, offering convenience and versatility. It is surrounded by all central amenities, including shops, restaurants, public transport, and cultural attractions, all within walking distance. An ideal opportunity as a city residence or second home in one of Alicante’s most iconic areas. [IW].

Features
Elevator
Air Conditioning
Exterior
Investment Summary
Purchase Price €238,000
Taxes (ITP 10%) + €23,800
Notary Fees + €1,999
Registry Fees + €762
Gestoría Fees + €714
Valuation + Other + €339

Total Investment €265,614
Est. Monthly Rent €882/mo
Est. Annual Rent €10,580/yr

Est. Yield 3.98%
Days on Market
48
First seen
2026-01-14
View on Idealista