Active ID: 110632491 Casco Histórico

Flat / apartment for sale in Calle de Cisneros

2 Bed • 1 Bath • 88 m² • Floor 0

€149,000

↓ 3.9% from €155,000
€149,000 2026-05-04
€155,000 2026-02-27
AI Analyst
Coliving

"Unique 88 m² flat in Alicante’s Casco Histórico with 3.8m ceilings and independent entrance, offering strong value-add potential for loft-style or multi-unit rental conversion in a high-demand urban market."

Negotiation Leverage Balanced
Value Add Redistribute interior to create 3-4 micro-loft units; modernize finishes and optimize layout for rental yield.
Pros
  • Exceptional ceiling height (3.8m) enables mezzanine/loft conversion.
  • Independent entrance increases privacy and rental appeal.
  • Strong rental demand in evolving, well-connected neighborhood.
Cons
  • Significant renovation and redistribution required to realize full potential.
  • No terrace or outdoor space, which may limit some tenant segments.
  • Uncertainty around permitting for multi-unit conversion; regulatory risk.
Description

Ref. HVC0019 If you are looking for a home with its own personality or an investment with real profitability potential, this property could become one of the most interesting opportunities currently in Alicante. Located in Carolinas Altas, this approximately 80 m² home with an independent entrance offers an unusual feature within the urban center. ? Up to 3.80 meters in height in a large part of the home. A differentiating element that allows for the creation of loft-style spaces, double heights, or modern redistribution projects by taking advantage of the interior volume. ? A different home to live in The height and layout allow for the design of a unique home: Mezzanine bedrooms Open spaces with greater amplitude Integrated work or study area Increasingly in-demand urban loft concept It also has: Independent entrance Spacious interior patio that provides light and ventilation Rooms with natural lighting Ideal for those looking to design a personalized home within the city. ? Great opportunity for investors The configuration of the property allows for the study of different redistribution options aimed at modern rentals. Possibility of developing up to: ? 3 or 4 mini-apartment or micro-loft units, with integrated kitchen, bathroom, and double-height sleeping area. ? Estimated profitability Approximate potential rent: ? Up to €650 per month per unit (expenses included) Estimated income: 3 units approximately €1,950/month 4 units up to €2,600/month A model increasingly in demand by professionals, students, and displaced workers in Alicante. ? Carolinas Altas — consolidated and evolving area Location with all services within minutes: ? Public transport with direct connection to the center? Shops, supermarkets, and restaurants? Educational centers and good university connection? Nearby health services Area with constant rental demand and positive evolution of the residential market, favoring profitability and revaluation after renovation. ? Why this property stands out Independent entrance within Alicante city Unusual height in urban homes Great transformation potential High rental demand in the area Ideal for both housing and investment A property that stands out not for what it is today… but for all that it can become. Design your own loft or develop a high-yield real estate asset.

Features
Elevator
Air Conditioning
Exterior
Investment Summary
Purchase Price €149,000
Taxes (ITP 10%) + €14,900
Notary Fees + €1,252
Registry Fees + €477
Gestoría Fees + €447
Valuation + Other + €339

Total Investment €166,414
Est. Monthly Rent €1,340/mo
Est. Annual Rent €16,080/yr

Est. Yield 9.29%
Days on Market
68
First seen
2026-02-27
View on Idealista