Active ID: 111153324 Casco Histórico

House for sale in Casco Histórico-Santa Cruz

1 Bed • 1 Bath • 38 m²

€175,000

AI Analyst
Long-term Rental

"Charming historic property in Alicante’s Old Town with potential for expansion and rooftop terrace, offering unique character and proximity to city amenities and the beach. Full renovation required, but location and architectural features present strong upside."

Negotiation Leverage Balanced
Value Add Full renovation, add rooftop terrace, modernize interiors while preserving original features
Pros
  • Prime location in sought-after historic district
  • Potential to add value through expansion and terrace
  • Unique architectural features (beams, tiles, façade)
Cons
  • Requires complete renovation, increasing upfront costs
  • Small size limits rental pool and resale market
  • No elevator or exterior exposure, limiting appeal
Description

Welcome to this unique property located in the picturesque neighborhood of Santa Cruz, in the heart of Alicante's Old Town. This peaceful and authentic area, with its cobbled streets and traditional architecture, offers a true sense of history while being just a short walk from the city's vibrant life, shops, restaurants, and the beach. The property requires full renovation but offers excellent potential. There is the possibility to build an additional floor and create a private rooftop terrace with stunning views over the city, the Santa Bárbara Castle, and the sea. The current layout includes one bedroom, one bathroom, a kitchen, and a living room. Inside, you'll find charming original features such as traditional floor tiles, exposed wooden beams, high ceilings, and a preserved façade that adds to the property's character. A perfect opportunity for those looking for a personal project or investment in one of Alicante's most genuine and sought-after areas.

Features
Air Conditioning
Investment Summary
Purchase Price €175,000
Taxes (ITP 10%) + €17,500
Notary Fees + €1,470
Registry Fees + €560
Gestoría Fees + €525
Valuation + Other + €339

Total Investment €195,394
Est. Monthly Rent €1,017/mo
Est. Annual Rent €12,200/yr

Est. Yield 6.24%
Days on Market
61
First seen
2026-04-10
View on Idealista