Active ID: 112412864 Casco Hist├│rico

Detached house for sale in Calle San Luis

2 Bed • 2 Bath • 110 m²

€550,000

AI Analyst
Holiday Rental

"Recently renovated detached house in Alicante’s historic Santa Cruz offers two independent tourist apartments, exceptional 360° rooftop views, and proven €90,000 annual short-term rental income, making it a rare, high-yield asset in a prime Old Town location."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Prime location in Alicante’s Old Town with panoramic sea and castle views
  • Proven high short-term rental income (~€90,000/year) and high occupancy
  • Recently renovated, preserving historic charm with modern comfort
Cons
  • Limited to two units, restricting scalability for larger portfolios
  • No elevator and multi-level layout may deter some guests
  • Regulatory risks associated with tourist rentals in historic districts
Description

Tourist Property with Sea Views and High Rental Yield in Alicante Old Town Situated at the highest point of the iconic Santa Cruz neighbourhood, in the heart of Alicante’s old town, this exclusive detached property boasts panoramic views over the city, Santa Bárbara Castle and the Mediterranean Sea. The property is spread over four floors and comprises two fully independent tourist apartments, making it an excellent investment opportunity or a unique property with exceptional rental potential. One of the property’s greatest assets is its two impressive rooftop terraces, offering breathtaking 360° panoramic views across Alicante. These are among the finest private views in the city. The property has been recently renovated, carefully preserving its historic charm while adding modern comfort and functionality. Thanks to its prime location and orientation, all rooms benefit from abundant natural light. The property currently generates approximately €90,000 per year in short-term rental income, with a high occupancy rate. Key Features: • Detached property in Alicante’s old town • Prime location in Santa Cruz • 2 independent tourist apartments • 4 floors • 2 rooftop terraces with panoramic views • Sea views and views of Santa Bárbara Castle • Recently renovated • Bright and spacious • Proven high rental yield: approximately €90,000 per year.

Features
Terrace/Balcony
Air Conditioning
Fitted Wardrobes
Investment Summary
Purchase Price €550,000
Taxes (ITP 10%) + €55,000
Notary Fees + €4,620
Registry Fees + €1,760
Gestoría Fees + €1,650
Valuation + Other + €339

Total Investment €613,369
Est. Monthly Rent €1,500/mo
Est. Annual Rent €18,000/yr

Est. Yield 2.93%
Days on Market
0
First seen
2026-09-07
View on Idealista