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, leveraging proximity to beaches, city landmarks, and vibrant amenities. High ceilings and period features enhance appeal, but lack of elevator and steep stairs limit accessibility."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathroom to maximize nightly rates
Pros
  • Exceptional central location near major attractions and transport
  • Tourist license in place, enabling legal short-term rentals
  • Charming period features (high ceilings, wooden beams)
Cons
  • No elevator and steep stairs reduce accessibility and resale pool
  • First floor location may deter some guests or long-term tenants
  • Premium pricing relative to local rental yield; cash flow may be tight
Description

We present this fantastic home on Calle Mayor, an emblematic pedestrian street in the city center, located next to the City Hall, Postiguet Beach, and Alicante Port. With all kinds of services around, including shops of all kinds, restaurants, etc. Apart from being next to the San Nicolas Cathedral at the entrance to the old city center, with access to Santa Barbara Castle on foot or by the fantastic elevator whose entrance is opposite the beach, the Central Market is about a 10-minute walk away, and a few meters from Portal de Elche and La Rambla. It is worth noting that on La Rambla are the vast majority of bus lines that will take you to all neighborhoods of the city, including the Airport. The home is located in a Historic building WITHOUT AN ELEVATOR. It has very steep stairs, and the home is on the first floor. A fairly rectangular home with 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 shower tray, a small room, and a very large master bedroom with windows overlooking an interior patio where street noise is not heard, very quiet. The rooms have split air conditioning/heating, and the living room also does. 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 €1,317/mo
Est. Annual Rent €15,800/yr

Est. Yield 3.6%
Days on Market
32
First seen
2026-01-30
View on Idealista