Active ID: 101568516 Casco Histórico

Flat / apartment for sale in ingeniero la farga, 2

5 Bed • 2 Bath • 180 m² • Floor 3

€1,200,000

AI Analyst
Long-term Rental

"Prime 180m² fully renovated apartment in Alicante’s historic center, boasting panoramic port views, triple street frontage, and high-end finishes. Exceptional façade exposure and exclusive location on the Explanada de España enhance both lifestyle appeal and long-term value retention."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Prestigious location with panoramic port and city views
  • Completely renovated with high-quality finishes and modern systems
  • Large, flexible layout suitable for premium tenants or families
Cons
  • High price per square meter limits yield potential
  • No terrace or outdoor private space despite façade exposure
  • Rental yield (~3.5%) below typical investor targets for the area
Description

Charming and Sunny on Esplanade This magnificent 180-meter property, located in the Mónaco building, stands out for its eleven meters of façade facing the Explanada de España and its orientation to three winds as it has a façade facing three streets. Entering the house we find a large hall with an original marble detail that welcomes us, from which we access on the right hand side a large living room and the master bedroom with dressing room and en-suite bathroom. From these two rooms we can enjoy beautiful panoramic views of the port of Alicante. Adjacent to the living room we find the dining room and the fully equipped independent kitchen, which has a utility room and a guest toilet. In the night area located in the quietest area of the house we find four large bedrooms and a full bathroom with a hydromassage bathtub. The house was completely renovated from the electrical installations to the plumbing, taking care of even the smallest detail, modern style finishes have been combined with the original ones, smooth walls, parquet floors, high quality enclosures with thermal and acoustic breakage while maintaining the original structures, the air conditioning consists of nine Split with heat pump ideal for saving consumption and being able to have different temperatures in the home, as well as many more details.. . A highlight of this home would be its views, that all the pieces are exterior and its location on the Esplanade. If you are looking for an exclusive property, this is your home.

Features
Elevator
Air Conditioning
Exterior
Fitted Wardrobes
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 €3,556/mo
Est. Annual Rent €42,675/yr

Est. Yield 3.19%
Days on Market
120
First seen
2025-12-15
View on Idealista