Active ID: 111806522 Casco Histórico

Flat / apartment for sale in Casco Histórico-Santa Cruz

8 Bed • 2 Bath • Floor 2

€750,000

AI Analyst
Long-term Rental

"Versatile 8-bedroom apartment in Alicante’s historic center, currently configured for long-term room rentals, offers strong natural light, balconies, and flexible renovation potential, making it attractive for investors seeking value in a prime urban location."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms; optimize layout for coliving or premium room rentals
Pros
  • Prime location in Alicante’s historic center with high demand
  • Existing 8-bedroom layout ideal for room-by-room rental income
  • Abundant natural light and multiple balconies enhance tenant appeal
Cons
  • No disclosed rental income or occupancy data limits financial clarity
  • Zero size (m²) listed—uncertainty about actual usable area
  • Potential renovation costs to modernize and optimize for maximum yield
Description

Located on one of the main arteries in the heart of Alicante and with access to all types of services. This property is presented with two alternatives, one as an investment and another as a residential dwelling. The investment option is supported by the fact that the property currently operates as a long-term room rental, with a total of 8 bedrooms available. Its layout has been modified for its current use as a business, so the versatility of options regarding renovations and interior design is very viable. It consists of a small entrance hall that then leads to a corridor where a living room, bedrooms, and shared bathrooms are located. From the entrance hall, at the other end, you access the kitchen, which has an exit to the outside through a balcony. Three of the bedrooms have balconies, which are unique in the building. Brightness is a very characteristic feature of the property, as being entirely exterior, it benefits greatly from natural light thanks to its good orientation. Among the advantages appreciated of this property are: - Brightness in each of its rooms. - Viable redistribution. - Attractive investment possibility due to its qualities and current use. - Strategic location. - Attractive profitability. If you would like more information, do not hesitate to contact us!

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €750,000
Taxes (ITP 10%) + €75,000
Notary Fees + €6,300
Registry Fees + €2,400
Gestoría Fees + €2,250
Valuation + Other + €339

Total Investment €836,289
Est. Monthly Rent €0/mo
Est. Annual Rent €0/yr

Est. Yield 0.0%
Unknown (Estimated)
Days on Market
0
First seen
2026-07-01
View on Idealista