Active ID: 110882212 Centro Tradicional

Flat / apartment for sale in Calle Castaños

5 Bed • 5 Bath • 338 m² • Floor 0

€1,000,000

AI Analyst
Long-term Rental

"Spacious 338 m² penthouse in Alicante’s city center offers five bedrooms, five bathrooms, and premium amenities, making it a rare asset for upscale urban living or diversified rental strategies."

Negotiation Leverage Balanced
Value Add Modernize bathrooms and update interior finishes to premium standards
Pros
  • Prime central location with immediate access to amenities
  • Large floor area and multiple bedrooms ideal for high-income tenants or coliving
  • Excellent condition with modern comforts and private terrace
Cons
  • High acquisition price limits yield potential
  • Luxury segment may face longer vacancy periods
  • Limited market context data to benchmark pricing and demand
Description

Exclusive 338 m² Penthouse in the Heart of Alicante Located in the city's nerve center, this impressive duplex combines exceptional spaciousness with the convenience of living just a step away from all services. With a total area of 338 square meters, this property represents a unique opportunity for large families or investors seeking a large asset in an unbeatable location. Spaciousness and Functional Layout The home stands out for its excellent state of preservation and a balanced layout that prioritizes privacy. It features 5 spacious bedrooms and 5 full bathrooms, eliminating any compromise on space. The social area is notable for its brightness, connecting directly to a balcony and a private terrace, ideal spaces for enjoying the Mediterranean climate and urban atmosphere. Equipment and Comfort Details The interior has been designed to offer a comfortable and modern living experience. It has a fully equipped kitchen ready for use, complemented by large capacity built-in wardrobes that optimize storage in all rooms. To ensure well-being at any time of the year, the property has an integrated air conditioning system. Accessibility and Lifestyle Situated in a building with an elevator, access to the home is convenient and direct. Furthermore, it is a pet-friendly property, allowing coexistence with companion animals in a spacious environment. Living in this duplex means enjoying the convenience of having Alicante's best gastronomic, cultural, and commercial offerings just a few meters from your door. Contact and Viewings We invite you to discover the dimensions and potential of this exceptional property in person. Contact our team to arrange a viewing and receive detailed information about this exclusive piece in the city center.

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
50
First seen
2026-03-11
View on Idealista