Active ID: 110591913 Centro Tradicional

Penthouse for sale in Calle Bazán

2 Bed • 2 Bath • 94 m² • Floor 5

€590,000

AI Analyst
Long-term Rental

"Recently renovated penthouse in Alicante’s prime Centro Tradicional, featuring high-end finishes, a private terrace, and turnkey modern interiors. Its central location and quality upgrades position it as a premium urban asset with strong lifestyle appeal."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Prime city center location near Central Market and amenities
  • Fully renovated with high-quality materials and modern design
  • Private terrace enhances rental and resale appeal
Cons
  • Low gross rental yield (~2.5%) limits cash flow potential
  • Two bedrooms may restrict tenant pool to couples or small families
  • Premium pricing for location and renovation reduces value-add 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 various restaurants that enhance the typical Alicante gastronomic offering; not to mention the optimal connections via nearby public transport. This property represents a perfect option for both a primary residence and a second home due to its unbeatable location and exceptional features.

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
67
First seen
2026-02-10
View on Idealista