Active ID: 111306627 Centro Tradicional

Penthouse for sale in Calle Castaños

1 Bed • 1 Bath • 34 m² • Floor 5

€255,000

AI Analyst
Holiday Rental

"Unique loft-style penthouse in central Alicante with a large private terrace, abundant natural light, and flexible open-plan layout. Prime location and privacy make it attractive for urban professionals or short-term rental demand."

Negotiation Leverage Balanced
Value Add Partition to create a separate bedroom and modernize interior finishes
Pros
  • Prime downtown location with strong rental demand
  • Large 25 m2 private terrace enhances appeal and rental rates
  • Building with elevator and only one unit per floor ensures privacy
Cons
  • Very small interior size (34 m2) limits long-term tenant pool
  • Open-plan layout may not suit all renters; requires investment to create bedroom
  • Premium price per m2 for area; yield may be lower than alternatives
Description

Spectacular Penthouse in Downtown Alicante Loft-style penthouse on one of the most iconic streets in downtown Alicante. This 34 m2 property offers a completely open-plan space, with a versatile layout that allows the setting to be adapted to different needs. There is the possibility of creating a separate bedroom without sacrificing spaciousness. The home stands out for its excellent natural light throughout the day, thanks to its height and orientation. Its great added value is a spectacular 25 m2 terrace that surrounds the home, ideal for enjoying the good weather, creating a leisure area, or even an outdoor workspace. The building has an elevator and offers maximum privacy, with only one home per floor. An attractive opportunity both as an investment and for those looking for a unique property in an excellent location.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €255,000
Taxes (ITP 10%) + €25,500
Notary Fees + €2,142
Registry Fees + €816
Gestoría Fees + €765
Valuation + Other + €339

Total Investment €284,562
Est. Monthly Rent €862/mo
Est. Annual Rent €10,350/yr

Est. Yield 3.64%
Days on Market
2
First seen
2026-05-04
View on Idealista