Active ID: 110824512 Casco Histórico

Penthouse for sale in Plaza de San Cristóbal, 11

3 Bed • 2 Bath • 85 m² • Floor 4

€650,000

AI Analyst
Long-term Rental

"Prime penthouse in Alicante’s historic center with a 25 m² southwest-facing terrace, modern finishes, and turnkey condition. Strong appeal for urban professionals or premium holiday lets, offering privacy, sun, and proximity to beach and amenities."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Exceptional central location near beach and amenities
  • Large private terrace with unobstructed views
  • Modern building (1998) with elevator and good maintenance
Cons
  • Gross rental yield is modest (~2.3%) at current price
  • Limited value-add opportunities; already turnkey
  • Potential for seasonal vacancy due to tourist area
Description

Unique penthouse with a large terrace in the heart of Alicante – Plaza San Cristóbal We present an exceptional opportunity to acquire a penthouse with a privileged location in the very center of Alicante, in the charming Plaza San Cristóbal, just a few steps from the emblematic Central Market and very close to the old town. The property is located in a well-maintained building constructed in 1998, with modern finishes and good maintenance. Its location perfectly combines urban life with tranquility: a square with a pleasant atmosphere, restaurants, and daytime activity, which becomes quiet in the afternoon and evening. Furthermore, being in a central area but without heavy traffic, noise is minimal. The property is situated on the top floor of the building, with no neighbors above, providing a pleasant sense of privacy and exclusivity. The building also has a large communal rooftop terrace. Located in the charming old town of Alicante, a few minutes' walk will take you to the promenade and Postiguet beach, making this property an ideal option for both a primary residence and a second home. Layout: The apartment features a comfortable and bright layout: - 3 spacious bedrooms - 2 full bathrooms - Large and very bright living room - Spacious kitchen - Large private terrace with access from the living room and the master bedroom Terrace: the jewel of the home From the living room, large windows open onto the true protagonist of the home: a magnificent terrace of approximately 25 m², sunny and completely unobstructed. The terrace is southwest-facing, allowing you to enjoy sun for a large part of the day and pleasant sunsets. Its open position towards the square offers a wide and unobstructed view, perfect for outdoor dining, gatherings with friends, or relaxing with a coffee in the sun. Additional features: - Excellent state of conservation - Centralized air conditioning - Good ceiling height, providing a greater sense of space and brightness - High-quality furniture included in the price - Ready to move in This property combines location, privacy, sun, spaciousness, and quality of life in one of Alicante's most attractive areas. A rare opportunity in the city center. Contact us for more information or to arrange a visit.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €650,000
Taxes (ITP 10%) + €65,000
Notary Fees + €5,460
Registry Fees + €2,080
Gestoría Fees + €1,950
Valuation + Other + €339

Total Investment €724,829
Est. Monthly Rent €1,270/mo
Est. Annual Rent €15,240/yr

Est. Yield 2.1%
Days on Market
11
First seen
2026-03-05
View on Idealista