Active ID: 110698605 Centro Tradicional

Duplex for sale in Calle Castaños

5 Bed • 5 Bath • 338 m² • Floor 3

€1,000,000

AI Analyst
Long-term Rental

"Prime 338 m² duplex in a historic 1902 building in Alicante’s Centro Tradicional, blending classic architecture with luxury finishes. Spacious layout, multiple en suite bedrooms, and terrace offer strong appeal for high-end tenants or discerning owner-occupiers."

Negotiation Leverage Balanced
Value Add Minor cosmetic upgrades or modernization of bathrooms/kitchen to further enhance luxury appeal
Pros
  • Prestigious central location in Alicante’s historic core
  • Large, flexible layout with multiple en suite bedrooms
  • Excellent condition with luxury finishes and private terrace
Cons
  • High acquisition price limits yield (estimated gross yield ~3.6%)
  • Historic building may entail higher maintenance costs
  • Niche luxury segment may reduce tenant pool and liquidity
Description

Exclusive duplex of over 300 m² in a stately 1902 building in the heart of Alicante This impressive duplex apartment is located in a historic 1902 building and perfectly combines classic architectural charm with modern comfort and luxury finishes, offering over 300 m² of elegance and spaciousness in a space that exudes character and sophistication from the first moment. Main floor On the main floor, we find a spacious and bright living room with large windows that bathe the room in natural light, creating a warm and welcoming atmosphere where comfort and elegance meet. The generously sized kitchen features a central marble island, a large dining area, and a pantry, designing a perfect space for daily life and hospitality. On this same floor, there is a guest bathroom, a laundry room, the master bedroom with its private bathroom, dressing area, and access to a private terrace that invites relaxation and contemplation, and a second versatile bedroom ideal as a guest room, office, or additional bedroom. Second floor The second floor is organized into two distinct areas. One area offers two spacious bedrooms, each with its own bathroom, ensuring independence and privacy. The other area has a bedroom en suite with a dressing room and private bathroom, complemented by a cozy living room, creating a perfect space for family life or for guests with complete comfort. Qualities and equipment The property is in excellent condition with solid wood floors and bathrooms with marble finishes that add elegance and sophistication. It has ducted air conditioning on the main floor, and all bedrooms have independent split-type units, ensuring comfort throughout the year. This unique property combines spaciousness, distinction, and character in a privileged location in the heart of Alicante, offering not just a home but an exclusive lifestyle for those who value history, elegance, and modernity in perfect harmony.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €1,000,000
Taxes (ITP 10%) + €100,000
Notary Fees + €8,400
Registry Fees + €3,200
Gestoría Fees + €3,000
Valuation + Other + €339

Total Investment €1,114,939
Est. Monthly Rent €3,000/mo
Est. Annual Rent €36,000/yr

Est. Yield 3.23%
Low (Estimated)
Days on Market
46
First seen
2026-03-02
View on Idealista