Active ID: 110744646 Casco Histórico

Flat / apartment for sale in Calle Argensola

4 Bed • 2 Bath • 150 m² • Floor 3

€345,000

AI Analyst
Long-term Rental

"Spacious 4-bedroom, 2-bath apartment in Alicante’s historic Santa Cruz Old Town offers strong rental appeal with abundant natural light, balconies in every room, and proximity to transit, schools, and amenities—ideal for diversified investment strategies."

Negotiation Leverage Balanced
Value Add Modernize bathrooms and update kitchen for higher rental yield
Pros
  • Prime location in historic city center with strong tourist and local demand
  • Large size (150 m²) and 4 double bedrooms, maximizing rental flexibility
  • All rooms exterior with balconies, ensuring light and ventilation
Cons
  • Potential for higher maintenance costs due to building age and size
  • May require modernization to achieve premium rents
  • Historic area may have parking or access limitations
Description

HUSPY presents this magnificent property of approximately 150 m² located in one of the most charming and characteristic areas of Alicante, the Santa Cruz Old Town. A spacious, bright property with an excellent layout, ideal as both a permanent residence and an investment. The property consists of a spacious living-dining room with abundant natural light and access to a balcony, creating a pleasant and functional space. The kitchen is independent and fully equipped, with access to a gallery overlooking the building's interior courtyard. It has four double bedrooms, all exterior, with built-in wardrobes and their own balconies, providing natural light and ventilation in each room. It also features two full bathrooms, one en-suite with a bathtub and another independent one with a shower, offering comfort and practicality for daily life. Located in a perfectly connected area, with schools, supermarkets, health centers, playgrounds, and TRAM and bus stops just minutes away, guaranteeing comfort and quality of life. An outstanding opportunity in one of Alicante's most emblematic areas. For more information or to arrange a visit, you can find us at Avenida Óscar Esplá 4, Ensanche Diputación, where we will advise you to find the best opportunity.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €345,000
Taxes (ITP 10%) + €34,500
Notary Fees + €2,898
Registry Fees + €1,104
Gestoría Fees + €1,035
Valuation + Other + €339

Total Investment €384,876
Est. Monthly Rent €2,172/mo
Est. Annual Rent €26,067/yr

Est. Yield 6.77%
Days on Market
5
First seen
2026-02-26
View on Idealista