Active ID: 111346232 Centro Tradicional

Penthouse for sale in Avenida de la Constitución

2 Bed • 4 Bath • 115 m² • Floor 8

€850,000

AI Analyst
Holiday Rental

"Prime central Alicante penthouse with panoramic views, expansive private solarium, and premium finishes offers rare urban luxury and exclusivity. Strong appeal for high-end tenants or short-term guests, leveraging proximity to cultural, dining, and marina amenities."

Negotiation Leverage Balanced
Value Add Upgrade solarium amenities for premium short-term rental appeal
Pros
  • Exceptional central location with iconic views
  • Large private solarium with jacuzzi and outdoor amenities
  • Premium finishes and included parking/storage
Cons
  • Low gross rental yield for long-term rental segment
  • Limited to 2 bedrooms, restricting group size
  • High price point narrows target tenant/buyer pool
Description

Located in the heart of Alicante, directly opposite the iconic Main Theatre, this exclusive penthouse is just a few steps from the Explanada, the marina and the city’s best dining and shopping areas. A unique opportunity to experience true urban luxury in one of the most sought-after locations in the city. The property offers 116 m² built and 88 m² of usable space, with a layout designed to maximize space, natural light and comfort. It features 2 spacious bedrooms, both with en-suite bathrooms, as well as a third full bathroom, ensuring privacy and convenience. The kitchen is independent, bright and functional, ideal for everyday living. One of its standout features is the outdoor space: a 12.37 m² balcony with open views of Santa Bárbara Castle, the Main Theatre and the city skyline. In addition, there is an impressive 88 m² private solarium with toilet and jacuzzi, designed to deliver a true penthouse lifestyle in the center of Alicante. A perfect space for a chill-out area, outdoor dining and relaxation, enjoying the Mediterranean climate all year round. The property stands out for its premium qualities, exceptional brightness, privacy and an unbeatable location. It also includes a parking space and storage room. A unique property for those seeking exclusivity, space and a prime location in central Alicante.

Features
Elevator
Parking
Exterior
Investment Summary
Purchase Price €850,000
Taxes (ITP 10%) + €85,000
Notary Fees + €7,140
Registry Fees + €2,720
Gestoría Fees + €2,550
Valuation + Other + €339

Total Investment €947,749
Est. Monthly Rent €1,409/mo
Est. Annual Rent €16,910/yr

Est. Yield 1.78%
Days on Market
2
First seen
2026-05-04
View on Idealista