Active ID: 109059787 Casco Histórico

Flat / apartment for sale in Calle San Fernando, 13

3 Bed • 2 Bath • 120 m² • Floor 4

€1,100,000

AI Analyst
Long-term Rental

"Prime 3-bedroom beachfront apartment in Casco Histórico with private terrace and panoramic sea views, offering exclusivity, modern finishes, and a unique one-neighbor-per-floor configuration—ideal for discerning tenants or owner-occupiers seeking luxury and privacy."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Exceptional seafront location with panoramic views
  • Fully renovated, modern interior—move-in ready
  • Exclusive building with only one neighbor per floor
Cons
  • Gross rental yield is low (~2% annually) for the price point
  • High acquisition cost limits broader rental market appeal
  • Potential for seasonal vacancy risk in tourist-driven area
Description

Exclusive and Renovated in front of the Port in Explanada This impressive home combines everything one looks for in a beachfront home: space, privacy, light, and an unbeatable location. Located in a building with only one neighbor per floor, it offers the tranquility of an intimate setting and the convenience of having all services within walking distance. With a spacious and functional layout, the property features three large bedrooms, perfect for resting and comfort for the entire family, as well as two full bathrooms designed with style and practicality. The living area consists of a spacious living-dining room with an open kitchen, which opens onto the jewel of the home: a private terrace with spectacular sea views, ideal for relaxing, enjoying breakfast overlooking the waves, or sharing unforgettable evenings at sunset, a privileged setting where days begin with energy and nights transform into magical moments with your loved ones. A property that combines the essence of the Mediterranean style with the comfort of a modern home. A true opportunity for those who wish to live surrounded by sea, light, and serenity in a prime location. This home isn't just a house, it's a refuge where every moment turns into wonderful memories.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
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 €1,867/mo
Est. Annual Rent €22,400/yr

Est. Yield 1.83%
Days on Market
78
First seen
2025-12-15
View on Idealista