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, offering panoramic port views, direct Explanada access, and high-end finishes—an attractive asset for premium rental or long-term appreciation."

Negotiation Leverage Balanced
Value Add Minor cosmetic upgrades to maximize rental appeal
Pros
  • Exceptional central location with iconic views
  • Spacious layout and high-quality finishes
  • Strong rental demand for luxury units in this area
Cons
  • High price per square meter limits yield
  • Only two bedrooms restricts coliving or family rental options
  • Luxury segment may be more sensitive to economic downturns
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 €2,400/mo
Est. Annual Rent €28,800/yr

Est. Yield 2.35%
Days on Market
146
First seen
2025-10-08
View on Idealista