Active ID: 110484947 Casco Histórico

Flat / apartment for sale in Casco Histórico-Santa Cruz

5 Bed • 3 Bath • 130 m² • Floor 3

€533,000

AI Analyst
Holiday Rental

"Spacious 5-room flat in Alicante’s historic center with tourist license, panoramic castle views, and walkable access to beaches and amenities—offering strong short-term rental appeal despite being a 3rd-floor walk-up in a historic building."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms to maximize rental yield
Pros
  • Prime location in historic center with castle views
  • Tourist license in place for immediate holiday rental income
  • Large, flexible layout suitable for groups or families
Cons
  • No elevator; 3rd floor limits accessibility and some demand
  • Potentially higher maintenance costs due to historic building
  • Interior may require modernization to achieve premium rents
Description

The location of this home is privileged in the San Nicolas Cathedral area with views of Santa Barbara Castle and unobstructed views, a HISTORIC BUILDING WITHOUT AN ELEVATOR, 3RD FLOOR. It has all kinds of services around it, including shops, supermarkets, the Central Market about 10 minutes away, etc. From this part of the city, we find that everything is within walking distance, such as the Beach, the Port, walking up through the Old Town itself, or very close by, the elevator with the City Hall and the Rambla right next to it. In general, it's an area where you won't need a car for anything. Regarding transportation, we have the vast majority of bus lines on the Rambla, taxis, and the Tram is 10 minutes away. The home is located in a historic building in the city, which does not have an elevator and is on the 3rd floor, which in turn has that fantastic view of the Castle that will leave you speechless both day and night. The home is very spacious with no hallways and has 3 double bedrooms with castle views, 2 full bathrooms, and a bathroom which has the laundry area separate from having 3 interior bedrooms, all of them with A/C split units, a living room with an American kitchen. The home has a tourist license. IF YOU ARE LOOKING FOR A GREAT HOME IN A UNIQUE AREA, DO NOT HESITATE TO VISIT 3RD FLOOR WITHOUT AN ELEVATOR.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €533,000
Taxes (ITP 10%) + €53,300
Notary Fees + €4,477
Registry Fees + €1,706
Gestoría Fees + €1,599
Valuation + Other + €339

Total Investment €594,421
Est. Monthly Rent €1,833/mo
Est. Annual Rent €22,000/yr

Est. Yield 3.7%
Days on Market
131
First seen
2026-01-30
View on Idealista