Active ID: 110421329 Casco Histórico

Flat / apartment for sale in Casco Histórico-Santa Cruz

1 Bed • 1 Bath • 31 m²

€210,000

AI Analyst
Holiday Rental

"Recently renovated 1-bedroom apartment in Alicante’s historic center offers strong short-term rental appeal, but legal and liquidity risks arise from its status as a non-residential, converted commercial space. Compact size and prime location drive demand."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Prime location in historic center, high tourist demand
  • Fully renovated and ready for immediate use
  • Balcony with attractive views enhances rental appeal
Cons
  • No residential use permit—potential legal and financing risks
  • Very small size (31 m²) limits tenant profile and resale market
  • No elevator, which may deter some guests or tenants
Description

Charming apartment located in the heart of Alicante's historic center, on Placeta de San Cristóbal. It has a living room with an open-plan kitchen, a separate bedroom, and a bathroom. The property has a surface area of 31 m² and a small balcony overlooking the square and its surroundings. It is a renovated commercial space, with no change of use to residential. The renovation was carried out approximately two years ago and the property is in very good condition, equipped and ready for use. Ideal as an investment due to its location and state of repair.

Features
Terrace/Balcony
Air Conditioning
Investment Summary
Purchase Price €210,000
Taxes (ITP 10%) + €21,000
Notary Fees + €1,764
Registry Fees + €672
Gestoría Fees + €630
Valuation + Other + €339

Total Investment €234,405
Est. Monthly Rent €860/mo
Est. Annual Rent €10,320/yr

Est. Yield 4.4%
Days on Market
35
First seen
2026-01-27
View on Idealista