Active ID: 107252111 Centro Tradicional

Flat / apartment for sale in Paseo Esplanada d'Espanya

2 Bed • 2 Bath • 199 m² • Floor 1

€1,100,000

AI Analyst
Long-term Rental

"Prime 2-bedroom luxury apartment in Alicante’s city center with panoramic port views, direct Explanada access, and high-end finishes. Spacious layout, terrace, and elevator enhance its appeal for discerning tenants or owner-occupiers."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms to further elevate rental yield
Pros
  • Exceptional central location with iconic views
  • High-quality finishes and contemporary design
  • Direct access to promenade and private terrace
Cons
  • High price per square meter limits yield
  • Only 2 bedrooms restricts coliving or family rental potential
  • Monthly rent estimate suggests modest gross yield (~2.5%)
Description

Exclusive luxury apartment with excellent location in the city center of Alicante, boasting spectacular views from its terrace over the port and the famous Explanada promenade. Direct access from the promenade. This is a 2-bedroom apartment, with spacious suites and a guest room, 2 bathrooms, a hall with a terrace creating a warm and comfortable atmosphere, an equipped independent kitchen with annexed access to a lift that leads to an additional sun terrace. The layout separates the day and night areas by an elegant hallway, providing optimal privacy at its finest, connecting with avant-garde and contemporary furniture, while retaining its own character.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €1,100,000
Taxes (ITP 10%) + €110,000
Notary Fees + €9,240
Registry Fees + €3,520
Gestoría Fees + €3,300
Valuation + Other + €339

Total Investment €1,226,399
Est. Monthly Rent €2,345/mo
Est. Annual Rent €28,140/yr

Est. Yield 2.29%
Days on Market
191
First seen
2025-10-08
View on Idealista