Active ID: 112102436 Casco Hist├│rico

Flat / apartment for sale in Calle de Sant Agustí

6 Bed • 2 Bath • 286 m² • Floor 1

€850,000

AI Analyst
Coliving

"Unique 286 m² property in Alicante’s historic centre, combining two apartments with high ceilings, abundant light, and views over Plaza Santísima Faz. Offers significant reconfiguration potential for residential or investment use, though requires full renovation."

Negotiation Leverage Balanced
Value Add Full interior renovation and potential reconfiguration into multiple rental units or premium coliving spaces.
Pros
  • Exceptional size and flexible layout for central Alicante
  • Prime location with historic character and plaza views
  • Access to communal roof terrace with open city views
Cons
  • Requires substantial renovation investment
  • No elevator in a historic building (potential accessibility issue)
  • Current rental yield is low relative to asking price
Description

Two separate apartments have been combined to create an exceptionally spacious property overlooking Plaza Santísima Faz, in the heart of Alicante's historic centre. Currently used as offices, the property requires renovation and offers an excellent opportunity to create a distinctive home or investment project. Please contact me to request the password for the virtual tour. The property is set within a characterful building dating from 1900, with attractive architectural features in the communal areas, including an impressive staircase. High ceilings, generous proportions, abundant natural light and views over one of Alicante's most iconic squares give the property a sense of scale and character that is increasingly difficult to find in the city centre. Its size and layout offer considerable flexibility for future reconfiguration, subject to the relevant regulations and permissions. The property also benefits from access to a spacious communal roof terrace with open views across Alicante's historic centre. The building does not have a lift. On-site measurements (please see the floor plans and virtual tour for further details): Living room 1: 48.5 m² Living room 2: 36.5 m² Bedroom 1: 18.4 m² Bedroom 2: 14.6 m² Bedroom 3: 13.1 m² Bedroom 4: 23.6 m² Bedroom 5: 31.3 m² Bedroom 6: 16.2 m² Hallway 1: 18.3 m² Hallway 2: 21.2 m² Bathroom 1: 4.9 m² Bathroom 2: 7.6 m² Storage room 1: 4.7 m² Storage room 2: 2.3 m² Interior patio: 25.1 m² Total area measured on site (including patio): 286.3 m² My name is Ann-Marie Daly, and I am delighted to present this characterful property in the heart of Alicante's historic centre. Its exceptional size, location and versatility make it a genuinely unusual opportunity, with considerable potential for renovation and adaptation. Please do not hesitate to contact me with any questions, to request access to the virtual tour or to arrange a viewing. I would be delighted to assist you. The advertised price does not include taxes or the costs associated with the purchase. The transaction will be subject to either VAT or Spanish Property Transfer Tax (ITP), depending on the nature and circumstances of the sale.

Features
Terrace/Balcony
Air Conditioning
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 €2,000/mo
Est. Annual Rent €24,000/yr

Est. Yield 2.53%
Days on Market
0
First seen
2026-07-25
View on Idealista