Active ID: 110438087 Centro Tradicional

Flat / apartment for sale in Calle San Francisco, 64

2 Bed • 2 Bath • 105 m²

€399,000

AI Analyst
Long-term Rental

"Versatile, fully renovated 105 m² loft in Alicante’s prime Calle San Francisco offers luxury finishes, abundant natural light, and flexible live/work potential—ideal for urban professionals seeking exclusivity and centrality."

Negotiation Leverage Balanced
Value Add Minor cosmetic upgrades or conversion to maximize residential appeal
Pros
  • Prime city-center location with strong tenant demand
  • High-end 2018 renovation minimizes immediate capex
  • Flexible layout supports live/work or premium rental positioning
Cons
  • Gross yield (~3.9%) is below typical investor targets for the area
  • Mezzanine floor may limit appeal to some tenants
  • Premium pricing for location and finishes reduces upside potential
Description

Versatile loft for residential use for sale in the centre of Alicante – Calle de las Setas This loft, currently used as a luxury office, offers full versatility to be converted into an exclusive urban residence, combining design, comfort, and a premium location in the heart of Alicante, on the iconic Calle de las Setas (Calle San Francisco). A unique opportunity to enjoy a work–living lifestyle, integrating the functionality of a professional space with the warmth and comfort of a luxury home. Located on a mezzanine floor, this loft was completely renovated in 2018 with high-end materials, contemporary architecture, and refined finishes. The building, originally constructed in 1969, retains its character while offering all modern comforts. The layout has been designed to maximize comfort and functionality: • Spacious, bright living-dining area, perfect for entertaining or creating a cozy home atmosphere • Fully equipped designer kitchen, elegantly integrated into the main space • Glass-enclosed meeting room that can be converted into a secondary bedroom, home office, or guest suite • Master bedroom with en-suite bathroom, offering privacy, tranquility, and comfort • Additional second full bathroom Large windows provide abundant natural light and views over Calle San Francisco and Calle Barón de Finestrat, creating an inspiring and welcoming environment in the heart of Alicante. Its location is unbeatable, with access to luxury boutiques, quality restaurants, services, cultural areas, and excellent transport connections, combining the convenience of urban life with style and exclusivity. This property offers perfect flexibility for those seeking an iconic home with the possibility of keeping a work area within the same loft or enjoying it as a fully private residence. Sale price: €399,000.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €399,000
Taxes (ITP 10%) + €39,900
Notary Fees + €3,352
Registry Fees + €1,277
Gestoría Fees + €1,197
Valuation + Other + €339

Total Investment €445,064
Est. Monthly Rent €1,313/mo
Est. Annual Rent €15,754/yr

Est. Yield 3.54%
Days on Market
134
First seen
2026-01-27
View on Idealista