Active ID: 111316351 Casco Histórico

Flat / apartment for sale in San Antonio

1 Bed • 1 Bath • 36 m² • Floor 0

€175,000

AI Analyst
Holiday Rental

"Charming 1-bedroom flat in Alicante’s historic Santa Cruz, featuring original beams, panoramic views, and a terrace. Prime location near commercial, dining, and coastal amenities. Full renovation required, offering strong customization and value-add potential."

Negotiation Leverage Balanced
Value Add Full interior renovation to modern standards, optimize layout for short-term stays, upgrade terrace for appeal.
Pros
  • Prime location in historic center near amenities and coastline
  • Panoramic views of Santa Barbara Castle and the sea
  • Original architectural features (exposed beams) add character
Cons
  • Requires complete renovation, increasing upfront capital needs
  • Small size (36 m²) limits long-term rental appeal
  • Potential regulatory restrictions for holiday rentals in historic districts
Description

We present a unique property located in the emblematic Santa Cruz neighborhood, in the very heart of Alicante's historic center. This location stands out for its peaceful character, just a short distance from the main commercial and dining areas, and the Mediterranean coastline. It currently comprises one bedroom, one bathroom, a kitchen, and a living room. Original architectural elements such as exposed wooden beams are preserved inside. The property requires a complete renovation, which represents an excellent opportunity to develop a personalized project. With exceptional panoramic views of the urban landscape, Santa Barbara Castle, and the sea. This is, without a doubt, an unbeatable opportunity for both those looking to develop a residential project with character, and for investors interested in one of the most authentic and promising areas of Alicante's historic center.

Features
Elevator
Terrace/Balcony
Exterior
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
2
First seen
2026-05-04
View on Idealista