Active ID: 90565487 Centro Tradicional

Penthouse for sale in Plaza Calvo Sotelo, 5

4 Bed • 3 Bath • 210 m² • Floor 8

€1,200,000

AI Analyst
Long-term Rental

"Prime penthouse in Alicante’s Centro-Tradicional offers panoramic views, high-end finishes, and rare privacy. With 210m², four bedrooms, and two parking spaces, this property targets affluent tenants or owner-occupiers seeking exclusivity and central location."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms to maximize rental yield
Pros
  • Exceptional city and sea views from large terrace
  • Central location with strong rental demand
  • Includes two parking spaces, rare for the area
Cons
  • Gross yield (~3.1%) is below typical investor targets
  • High entry price limits buyer pool and liquidity
  • Potential for capital appreciation may be modest in mature market
Description

Alicante Home (A. P. I. col. 1035) presents: "The city at my feet", that is the first thing I thought when I visited this property for the first time and was able to enjoy its spectacular views. And when you are in front of such a rounded and exclusive property, there is little more you can say than to enjoy it and imagine what it must be like to live in it. Brightness, spectacular views with 2 orientations, top quality materials, privacy and exclusivity. Little more I can say, the pictures speak for themselves. SUMMARY: Living - dining room Independent kitchen 4 bedrooms 2 toilets Office area Large terrace Air conditioning by ducts, cold/heat pump 2 parking spaces (included in the price) Price: 1.200. 000€. If you wish to know more details or information, do not hesitate to contact us!

Features
Elevator
Terrace/Balcony
Air Conditioning
Parking
Exterior
Fitted Wardrobes
Garden
Investment Summary
Purchase Price €1,200,000
Taxes (ITP 10%) + €120,000
Notary Fees + €10,080
Registry Fees + €3,840
Gestoría Fees + €3,600
Valuation + Other + €339

Total Investment €1,337,859
Est. Monthly Rent €3,100/mo
Est. Annual Rent €37,200/yr

Est. Yield 2.78%
Days on Market
146
First seen
2025-10-08
View on Idealista