Active ID: 111085905 Casco Histórico

Terraced house for sale in Calle de Toledo, 14

6 Bed • 4 Bath • 230 m² • Floor 3

€450,000

AI Analyst
Coliving

"Spacious 6-bedroom terraced house in Alicante’s historic Santa Cruz offers panoramic castle views and flexible multi-unit layout, making it a compelling asset for investors seeking strong rental yields or coliving potential in a prime tourist location."

Negotiation Leverage Balanced
Value Add Modernize interiors and optimize layout for coliving or short-term rental use
Pros
  • Prime location in Alicante’s historic center with tourist appeal
  • Large rooftop terrace with panoramic views of Santa Bárbara Castle
  • Flexible layout with 6 bedrooms and 3 kitchens, ideal for multi-tenant or coliving use
Cons
  • Likely need for modernization to meet rental market expectations
  • No elevator and interior orientation may limit appeal for some tenants
  • Direct owner sale may complicate negotiation or due diligence process
Description

Charming house in the old town of Alicante – Santa Cruz neighborhood (direct sale from owner) Spacious home for sale located in a privileged location in the old town of Alicante, in the popular Santa Cruz neighborhood. The property has a constructed area of approximately 160 m², distributed over two floors. Additionally, it has a large rooftop terrace with impressive views of Santa Bárbara Castle, a real attraction! Layout: 6 bedrooms 3 bathrooms 3 kitchens 2 floors Large terrace with panoramic views The home is ideal as a family residence, vacation home, or investment (for example, for rental). Price: €450,000 Real estate agencies, please refrain from contacting. Direct sale from owner. For more information or to arrange a viewing, please do not hesitate to get in touch.

Features
Terrace/Balcony
Air Conditioning
Fitted Wardrobes
Investment Summary
Purchase Price €450,000
Taxes (ITP 10%) + €45,000
Notary Fees + €3,780
Registry Fees + €1,440
Gestoría Fees + €1,350
Valuation + Other + €339

Total Investment €501,909
Est. Monthly Rent €4,897/mo
Est. Annual Rent €58,760/yr

Est. Yield 11.71%
Days on Market
23
First seen
2026-04-07
View on Idealista