Active ID: 110484287 Casco Histórico

Flat / apartment for sale in Casco Histórico-Santa Cruz

2 Bed • 1 Bath • 90 m² • Floor 1

€393,000

AI Analyst
Holiday Rental

"Prime historic center location with tourist license offers strong short-term rental potential, but lack of elevator and steep stairs limit appeal for some tenants and buyers. High ceilings and open-plan living enhance value."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathroom to maximize nightly rates
Pros
  • •Exceptional city center location near major attractions and transport
  • •Tourist license in place, enabling legal short-term rentals
  • •Charming features: high ceilings, wooden beams, open-plan layout
Cons
  • •No elevator and steep stairs reduce accessibility and resale pool
  • •First floor location may deter some guests or long-term tenants
  • •Interior finishes may require updating to achieve premium rents
Description

We present this fantastic property on Calle Mayor, an iconic pedestrian street in the city center, located next to the City Hall, Postiguet Beach, and the Port of Alicante. With all kinds of services around, including shops of all kinds, restaurants, etc. , and being right next to the Co-Cathedral of San Nicolás at the entrance to the old town, you can walk up to Santa Bárbara Castle or take the fantastic elevator located opposite the beach. The Central Market is about a 10-minute walk away, and it is just a few meters from the Portal de Elche and the Rambla. It is worth noting that the vast majority of bus lines are on the Rambla, which will take you to all neighborhoods in the city, including the airport. The property is located in a historic building WITHOUT AN ELEVATOR. It has very steep stairs, and the apartment is on the first floor. The property is quite rectangular, featuring an open-plan kitchen with a living room and views of the pedestrian street, with high ceilings adorned with wooden beams. We enter the sleeping area, where we have a full bathroom with a walk-in shower, a small bedroom, and a super large master bedroom with windows facing an interior courtyard, where you cannot hear street noise, making it very quiet. The bedrooms and the living room are equipped with split A/C units. IT HAS A TOURIST LICENSE. If you want to live in the heart of the city, DO NOT HESITATE TO VISIT. THERE IS NO POSSIBILITY OF AN ELEVATOR.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €393,000
Taxes (ITP 10%) + €39,300
Notary Fees + €3,301
Registry Fees + €1,258
Gestoría Fees + €1,179
Valuation + Other + €339

Total Investment €438,377
Est. Monthly Rent €1,325/mo
Est. Annual Rent €15,900/yr

Est. Yield 3.63%
Days on Market
250
First seen
2026-01-30
View on Idealista