Active ID: 107955748 Casco Histórico

Flat / apartment for sale in Calle Ingeniero Lafarga

3 Bed • 2 Bath • 157 m² • Floor 4

€990,000

AI Analyst
Long-term Rental

"Iconic 157 m² apartment in Alicante’s Mónaco Building offers panoramic marina views, prime Explanada location, and architectural pedigree—an attractive asset for investors seeking prestige and stable rental demand."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms to maximize rental yield
Pros
  • Prestigious building with architectural significance and murals
  • Prime location with panoramic marina and beach views
  • Spacious layout with natural light and terrace
Cons
  • High price per square meter limits yield
  • Likely dated interiors require modernization
  • Limited exterior exposure may reduce appeal to some tenants
Description

Apartment for Sale in the Mónaco Building – Alicante Discover this exclusive 157 m² apartment located in the iconic Mónaco Building, an architectural gem designed by the renowned architect Juan Guardiola Gaya in 1969. Situated on the fourth floor, this home offers stunning panoramic views of the Alicante Marina and Postiguet Beach, perfect for enjoying the beauty of the surroundings from the comfort of your living room. The spacious living-dining room, with large windows, fills every corner of the home with natural light. The independent kitchen includes a practical utility room, ideal for keeping everything organized. This apartment features three bedrooms: two doubles and one single, all equipped with built-in wardrobes that maximize space. The master suite stands out with its walk-in closet and en-suite bathroom, providing a touch of luxury and privacy. In addition, there is a second full bathroom that perfectly complements the family’s needs. The Mónaco Building, also known as “the House of Murals”, is famous for its more than 90 murals on the façades, making it a symbol of local architecture. Its prime location in the heart of the Explanada, with the main entrance on the quiet Ingeniero Lafarga Street, ensures exceptional visibility and accessibility. This apartment is ideal for those seeking a home with character and style, in impeccable condition. Don’t miss the opportunity to live in one of Alicante’s most emblematic places. Contact us for more information and to schedule a viewing!

Features
Elevator
Terrace/Balcony
Air Conditioning
Fitted Wardrobes
Investment Summary
Purchase Price €990,000
Taxes (ITP 10%) + €99,000
Notary Fees + €8,316
Registry Fees + €3,168
Gestoría Fees + €2,970
Valuation + Other + €339

Total Investment €1,103,793
Est. Monthly Rent €2,630/mo
Est. Annual Rent €31,560/yr

Est. Yield 2.86%
Days on Market
123
First seen
2025-12-15
View on Idealista