Active ID: 110801824 Centro Tradicional

Flat / apartment for sale in Centro Tradicional

5 Bed • 2 Bath • 300 m² • Floor 4

€1,150,000

↓ 4.2% from €1,200,000
€1,150,000 2026-05-22
€1,200,000 2026-03-03
AI Analyst
Long-term Rental

"Exceptional 300 m² penthouse in Alicante’s Centro Tradicional, offering five rooms, premium finishes, and abundant natural light. Dual-level layout with segregation potential enhances flexibility for investors seeking prime city-center assets with strong rental demand."

Negotiation Leverage Balanced
Value Add Potential to segregate into two units for higher yield; minor modernization of interiors may further enhance value.
Pros
  • Prime central location with high rental demand
  • Large, flexible floorplan with segregation potential
  • Premium finishes and abundant natural light
Cons
  • High entry price limits yield relative to smaller units
  • Ongoing maintenance costs for large penthouse
  • Potential market sensitivity to luxury segment volatility
Description

Live in an elegant, stylish penthouse Unobstructed views and Mediterranean essence... ? Discover this exclusive penthouse in the heart of Alicante, a unique property that combines two apartments into one with the possibility of segregation, offering you spaciousness, comfort, and a superior lifestyle. With a high-end design and excellent possibilities, this property stands out for its generous spaces and extraordinary brightness. Every room has magnificent natural light, creating a warm, modern, and welcoming atmosphere. The layout perfectly separates the living area from the sleeping area, providing privacy and functionality. Its premium finishes, top-quality materials, and elegant details make this penthouse an exceptional opportunity for those seeking exclusivity in the city center. Ideal for those who value space, light, and a privileged location. Live in an elegant, stylish penthouse *LEGAL NOTICE* The attached floor plan is valid for distribution purposes only. Not valid regarding surfaces or scales. The indicated price does not include the expenses and taxes inherent to the acquisition, which are broken down below: Property Transfer Tax (ITP): The tax rate in force in the Valencian Community will be applied (generally 10%), without prejudice to reduced rates of 8%, 6%, 4%, and 3% depending on the personal circumstances of the buyer or those of the property. The tax is accrued on the Cadastral Reference Value or the sale price, whichever is higher. Notary Expenses: Fees will be calculated according to the official tariff regulated in R. D. 1426/1989. Registry Expenses: Registration will be invoiced according to the official tariff established in R. D. 1427/1989. Management Expenses (Gestoría): Fees for administrative processing, tax settlement, and registration amount to approximately between €300 and €400 (VAT included). Agency Fees: €0 for the buyer. For comprehensive information on tax rates and ITP deductions, you can consult the official portal of the Valencian Tax Agency. The price does not include furniture, belongings, decoration, lighting, or personal items.

Features
Elevator
Terrace/Balcony
Air Conditioning
Parking
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €1,150,000
Taxes (ITP 10%) + €115,000
Notary Fees + €9,660
Registry Fees + €3,680
Gestoría Fees + €3,450
Valuation + Other + €339

Total Investment €1,282,129
Est. Monthly Rent €3,600/mo
Est. Annual Rent €43,200/yr

Est. Yield 3.23%
Low (Estimated)
Days on Market
99
First seen
2026-03-03
View on Idealista