Active ID: 112334614 Mercado

Penthouse for sale in Avenida Alfonso El Sabio Nn

4 Bed • 3 Bath • 207 m² • Floor 6

€1,249,900

AI Analyst
Long-term Rental

"Spacious Alicante penthouse with a 60 m² terrace and potential for dual occupancy, offering flexibility for owner-occupancy plus rental income in a prime city-center location."

Negotiation Leverage Balanced
Value Add Install modern HVAC system and update interior finishes
Pros
  • Prime central Alicante location with strong rental demand
  • Large terrace enhances lifestyle and rental appeal
  • Option to split into main residence plus rentable studio
Cons
  • No existing heating or air conditioning limits comfort and rental value
  • Older building (1976) may require ongoing maintenance
  • High price relative to estimated rental yield
Description

Exclusive Penthouse in the Heart of Alicante - Unique Opportunity Discover this spectacular penthouse in the center of Alicante! This is an exceptional property with 207 m² of constructed area (150 m² of living space) located on the sixth floor with elevator access. This property stands out for its magnificent terrace of approximately 60 m², an outdoor space that becomes the true highlight of the property, perfect for enjoying the Mediterranean climate all year round. The interior layout is versatile and designed to adapt to your needs. It features 4 spacious bedrooms, 3 full bathrooms, and built-in wardrobes that optimize storage. The most interesting feature is the possibility of dividing the property into two independent spaces: the main residence and a complete studio located in the terrace area with individual access from the building entrance. This unique feature allows you to live in your home while generating additional income by renting out the studio independently. The penthouse includes a storage room for your belongings. Furthermore, the property is fully adapted for people with reduced mobility, with accessible entry that ensures comfort and convenience. Built in 1976 and in good condition, this property has an East orientation that provides excellent natural light. Although it does not have heating or air conditioning, its privileged location in the center of Alicante and its large outdoor spaces make it a real estate investment with great potential. A perfect opportunity to live in the city center with the flexibility of a second home or rental business!

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €1,249,900
Taxes (ITP 10%) + €124,990
Notary Fees + €10,499
Registry Fees + €4,000
Gestoría Fees + €3,750
Valuation + Other + €339

Total Investment €1,393,477
Est. Monthly Rent €1,667/mo
Est. Annual Rent €20,000/yr

Est. Yield 1.44%
Days on Market
4
First seen
2026-08-23
View on Idealista