Active ID: 110638508 Casco Histórico

Penthouse for sale in Calle Cienfuegos, 10

1 Bath • 56 m² • Floor 3

€195,000

AI Analyst
Long-term Rental

"Renovated loft-style penthouse in Alicante’s historic center offers high-end finishes, a private terrace with castle views, and immediate rental potential, but lacks elevator access and is compact in size."

Negotiation Leverage Balanced
Value Add Expand terrace to upper level for increased outdoor space and rental appeal
Pros
  • Turnkey condition with quality finishes—ready to rent immediately
  • Prime location in historic center with unique castle views
  • Private terrace with potential for further expansion
Cons
  • No elevator—third-floor walk-up limits tenant pool
  • Small interior size (38m² usable) restricts occupancy and rental flexibility
  • Premium price per m² for area; may limit yield upside
Description

Looking for a soulful retreat in the heart of Alicante? This loft-style penthouse on Cienfuegos street is more than just a home, it's a private viewpoint of Santa Bárbara Castle. Located on an extremely quiet pedestrian street, this 48m² space (38m² usable + 10m² usable terrace) has been renovated with superior quality finishes: porcelain floors, exposed wooden ceilings that add warmth, and PVC windows with thermal break and Climalit for total insulation. The integrated, designer kitchen is equipped with an oven-microwave column, ceramic hob, and decorative extractor hood. The best part: its private 10m² East-facing terrace (morning sun), ideal for enjoying the Mediterranean climate. Furthermore, it has the unique potential to double this outdoor space by installing a staircase to an upper terrace. A third-floor apartment full of light, with air conditioning and ready to move into or rent out from day one. (Note: Classic building without an elevator).

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €195,000
Taxes (ITP 10%) + €19,500
Notary Fees + €1,638
Registry Fees + €624
Gestoría Fees + €585
Valuation + Other + €339

Total Investment €217,686
Est. Monthly Rent €1,051/mo
Est. Annual Rent €12,607/yr

Est. Yield 5.79%
Days on Market
60
First seen
2026-02-16
View on Idealista