Active ID: 103796081 Casco Histórico

Flat / apartment for sale in Casco Histórico-Santa Cruz

7 Bed • 3 Bath • 201 m² • Floor 4

€430,000

AI Analyst
Coliving

"Prime 201 m² apartment in Alicante’s historic center, offering flexible conversion potential for residential or commercial use, with strong transport links, castle views, and significant upside through renovation or repositioning."

Negotiation Leverage Balanced
Value Add Full residential conversion and modernization to maximize rental yield
Pros
  • Exceptional central location with high demand for both residential and commercial tenants
  • Large floor area (201 m²) allows for flexible layouts, ideal for coliving or office use
  • Strong transport connectivity and proximity to amenities, enhancing tenant appeal
Cons
  • Requires significant renovation to convert from current clinical use to residential or coliving
  • Building elevator access is currently suboptimal, pending future improvements
  • Single bathroom and toilet may limit immediate residential appeal without reconfiguration
Description

Welcome to the opportunity to own a dream home in the heart of Alicante! This large apartment is located on the city's most representative avenue, the Rambla de Méndez Núñez, in an emblematic building from 1980. The property has been impeccably maintained and has an exquisite neighborhood, security and concierge service, and an environment with all services at your fingertips. The location of the property is unbeatable, as it is located at the beginning of the old town and has a TRAM stop and bus lines nearby. In addition, the Central Market, supermarkets and leisure venues are in the vicinity. It also has easy access to public parking. From the property you can enjoy spectacular views of the Santa Bárbara Castle due to its height. In addition, it has an escalator that goes from ground level to the elevator floor and the future installation of an elevator from ground level is being considered. Currently, the property is configured as a clinical surgical center and has a large entrance hall or reception, 7 rooms, 1 full bathroom and a toilet, a laboratory and an office. It has centralized air conditioning (cold / heat), porcelain floors and central hot water. It is worth mentioning that the apartment has two doors (main and service). It requires renovation to be converted into a home. Another option could be ideal as coworking, coliving, any business establishment, offices, etc. If you are looking for a rental, this property is also an option for you. Its rental price is €2,000 and solvency conditions are required for the rental. Consult other conditions Don't miss the opportunity to live in a place with so much history and in an unbeatable location! This document is for informational purposes only and is not binding, contact us for more information!

Features
Elevator
Air Conditioning
Parking
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €430,000
Taxes (ITP 10%) + €43,000
Notary Fees + €3,612
Registry Fees + €1,376
Gestoría Fees + €1,290
Valuation + Other + €339

Total Investment €479,617
Est. Monthly Rent €4,148/mo
Est. Annual Rent €49,780/yr

Est. Yield 10.38%
Days on Market
136
First seen
2025-12-15
View on Idealista