Active ID: 110801824 Centro Tradicional

Flat / apartment for sale in Centro Tradicional

5 Bed • 2 Bath • 300 m² • Floor 4

€1,200,000

AI Analyst
Long-term Rental

"Exceptional 300m² penthouse in Alicante’s Centro Tradicional, offering dual-floor flexibility, premium finishes, and abundant natural light—an attractive asset for investors seeking exclusivity and strong rental demand in a prime urban location."

Negotiation Leverage Balanced
Value Add Potential to segregate into two units for higher yield or modernize kitchen/bathrooms for premium rents
Pros
  • Prime central location with high rental demand
  • Large, flexible layout with segregation potential
  • Premium finishes and abundant natural light
Cons
  • High entry price limits yield (gross ~3.6%)
  • Ongoing taxes and transaction costs are significant
  • Luxury segment may be less liquid in downturns
Description

Live Alicante from the heights: unique and bright penthouse Discover this spectacular penthouse in the heart of Alicante, a unique home that combines two floors into one with the possibility of segregation, to offer you spaciousness, comfort, and a superior lifestyle. With a high-level design and excellent qualities, this property stands out for its generous spaces and extraordinary luminosity. Every room has magnificent natural light, creating a warm, modern, and welcoming atmosphere. The layout allows for a perfect differentiation between the day and rest areas, 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 very center. Ideal for those who value spaciousness, light, and a privileged location. Live in an elegant and stylish penthouse The published price DOES NOT INCLUDE the following taxes and expenses, which WILL BE BORNE BY THE BUYER: – Property Transfer Tax (ITP): generally, 10%, calculated on the higher value between the purchase price and the cadastral reference value (if it is higher). In cases where reduced ITP rates may apply, these will be applied in accordance with current regional regulations. – Notary fees corresponding to the deed of sale and its simple copies. (Estimated amount: between €900 and €1,000. (You can request a quote from your trusted notary). – Property registry fees (estimated amount: between €300 and €500). – Agency fees (estimated amount: €300-€400). - Real estate professional fees: Will be borne by the seller.

Features
Elevator
Terrace/Balcony
Air Conditioning
Parking
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €1,200,000
Taxes (ITP 10%) + €120,000
Notary Fees + €10,080
Registry Fees + €3,840
Gestoría Fees + €3,600
Valuation + Other + €339

Total Investment €1,337,859
Est. Monthly Rent €3,600/mo
Est. Annual Rent €43,200/yr

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