Active
ID: 111746706
Centro Tradicional
Penthouse for sale in Calle San Francisco, 23
2 Bed • 1 Bath • 58 m² • Floor 4
€299,000
AI Analyst
Long-term Rental"Attractive penthouse in Alicante’s vibrant centro-tradicional, featuring a private terrace, modern finishes, and strong rental demand potential due to its central location and unique character."
Negotiation
Leverage
Balanced
Value Add
Update bathroom and optimize second room as dedicated office or guest space
Pros
- •Prime central location on popular pedestrian street
- •Private terrace and rooftop usufruct add outdoor value
- •Modern finishes and elevator in traditional building
Cons
- •Small interior size limits tenant pool
- •No direct access to rooftop from apartment
- •Not suitable for people with limited mobility
Description
Charming attic on the famous mushroom street in Alicante. It has 1 double bedroom and a single bedroom or office, kitchen-living room, 12-meter terrace on the same level, and usufruct of the building's rooftop (no direct access from the apartment). Parquet floors, equipped kitchen. Very beautiful and bright. The building with a traditional facade has a lift ( not elevator). Not suitable for people with limited mobility.
Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price
€299,000
+ Fees & Taxes
+ €34,604
Taxes (ITP 10%)
+ €29,900
Notary Fees
+ €2,512
Registry Fees
+ €957
Gestoría Fees
+ €897
Valuation + Other
+ €339
Total Investment
€333,604
Est. Monthly Rent
€1,221/mo
Est. Annual Rent
€14,649/yr
Est. Yield
4.39%
High
(26 Comps)
Days on Market
50
First seen
2026-07-08