Active ID: 110591913 Centro Tradicional

Penthouse for sale in Calle Bazán

2 Bed • 2 Bath • 94 m² • Floor 5

€590,000

AI Analyst
Holiday Rental

"Recently renovated penthouse in Alicante’s prime Centro Tradicional, featuring high-quality finishes, a private terrace, and turnkey modern interiors—offering strong appeal for discerning tenants or short-term guests seeking central, upscale living."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Prime central location near Central Market and amenities
  • Fully renovated with high-quality materials and modern design
  • Private terrace enhances rental and lifestyle appeal
Cons
  • Low gross rental yield (~2.5%) for long-term rental
  • Limited to two bedrooms, restricting group size for rentals
  • Premium pricing may limit capital appreciation upside
Description

Discover this magnificent, recently renovated penthouse, located in the heart of Alicante's traditional center, specifically on Calle Bazán. This home is characterized by its brightness and modernity, thanks to a carefully planned design that combines aesthetics and functionality. The materials used are of high quality, ensuring a superior residential experience. The pleasant private terrace is perfect for enjoying year-round and adding a special touch to the outdoor space. The interior features a spacious living-dining room ideal for entertaining guests or relaxing after a long day; it also includes a fully equipped kitchen ready for immediate use. It also has two comfortable bedrooms where you can rest peacefully, along with two modern bathrooms equipped with excellent finishes. Strategically located near the Central Market, this property enjoys not only excellent access to local shops but also to a variety of restaurants that enhance the typical Alicante gastronomic offering; not to mention the optimal connections via nearby public transport. This property represents a perfect option as both a primary residence and a second home due to its unbeatable location and exceptional features. * The indicated price does not include the expenses and taxes inherent to the acquisition, which are detailed below: - Property Transfer Tax (ITP): The tax rate in force in the Valencian Community will apply (generally 10%, without prejudice to reduced rates of 8%, 6%, 4%, and 3% depending on the personal circumstances of the buyer or the property). The tax is accrued on the Cadastral Reference Value or the sale price, whichever is higher. - Notary Fees: Fees will be calculated according to the official tariff regulated in Annex I of R. D. 1426/1989. - Registry Fees: Registration will be invoiced according to the official tariff established in ANNEX I of R. D. 1427/1989. - Management Fees: Fees for administrative processing, tax settlement, and registry inscription are calculated between €300/€400 (VAT included). - Agency Fees: borne by the owner. - For more information on ITP tax rates and bonuses, you can consult the official portal of the Valencian Tax Agency:.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €590,000
Taxes (ITP 10%) + €59,000
Notary Fees + €4,956
Registry Fees + €1,888
Gestoría Fees + €1,770
Valuation + Other + €339

Total Investment €657,953
Est. Monthly Rent €1,233/mo
Est. Annual Rent €14,794/yr

Est. Yield 2.25%
Days on Market
120
First seen
2026-02-10
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