Active ID: 107370747 Centro Tradicional

Flat / apartment for sale in Paseo Esplanada d'Espanya

2 Bed • 2 Bath • 200 m² • Floor 2

€1,100,000

AI Analyst
Long-term Rental

"Prime 200 m² renovated apartment on Alicante’s Explanada offers luxury living with a vast master suite, private terrace, and proximity to the beach—an attractive asset for discerning tenants or owner-occupiers seeking exclusivity and Mediterranean lifestyle."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Exceptional location on Explanada de España, Alicante’s most prestigious promenade
  • Fully renovated, move-in ready with modern finishes and large master suite
  • Strong rental demand for luxury units in central, beachfront areas
Cons
  • High price per square meter limits yield (estimated gross yield ~2.6%)
  • Only 2 bedrooms in 200 m² may restrict tenant pool and flexibility
  • Historic building may entail higher maintenance or community costs
Description

Luxury Apartment for Sale on Explanada de España, Alicante – Spacious, Renovated with Terrace Located on the first floor of a historic building from 1955, this fully renovated apartment offers 200 m² of living space with a functional and elegant layout. The renovation incorporates the latest trends in comfort and style, ensuring a move-in ready home. The heart of the apartment is its bright and spacious living-dining room, opening onto a private terrace, perfect for enjoying the Mediterranean climate and views of the historic Explanada promenade. The apartment has 2 bedrooms, including a spectacular master suite of almost 55 m² with integrated bathroom, plus a second full bathroom for guests or family. The independent, modern equipped kitchen has direct access to a second elevator or freight lift, facilitating daily logistics and enhancing functionality. This Explanada de Alicante property is just steps from the Alicante beach, gourmet restaurants, exclusive shops, and a wide cultural offer, making this location a true luxury and a secure investment on the Costa Blanca. Key Features: Renovated 200 m² apartment in a historic 1955 building Prime location on Explanada de España, Alicante Private terrace with views of the promenade and historic surroundings Master suite nearly 55 m² with en-suite bathroom Independent equipped kitchen with second elevator access Second bedroom and additional full bathroom Close to the beach, restaurants, and urban services Ideal for living or as a high-return investment Don’t miss the chance to own a unique apartment on Explanada de Alicante where luxury, history, and Mediterranean lifestyle meet.

Features
Elevator
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