Active ID: 109508253 Centro Tradicional

Flat / apartment for sale in Calle Bailen

3 Bed • 2 Bath • 169 m² • Floor 2

€760,000

AI Analyst
Long-term Rental

"Prime city-center apartment with 4-meter ceilings, luxury finishes, and a 50 m² living area offers rare grandeur and light in Alicante’s most desirable district, steps from the marina and major amenities—ideal for discerning urban tenants or owner-occupiers."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms for premium rental yield
Pros
  • Exceptional location in Alicante’s city center near beach and marina
  • Unique architectural features: 4-meter ceilings, bay windows, natural light
  • Turnkey luxury finishes and large, flexible living spaces
Cons
  • High price per square meter for local market
  • Limited outdoor space (no terrace, only interior patio)
  • Rental yield (~3.65% gross) below typical investor targets
Description

Located in a fully renovated classic 1960s building, right in the city center, this spacious luxury home stands out for its 4-meter high ceilings, which bring an unparalleled sense of grandeur and spaciousness to every corner. Imagine bright, elevated spaces that elevate your home's elegance to another level, with high ceilings that allow for natural ventilation and an impressive vertical design. Distributed into 3 very spacious bedrooms, the home features a master bedroom with an en-suite bathroom, ideal for enjoying absolute privacy. The 4-meter high ceilings in the bedrooms create a serene and cozy atmosphere, perfect for rest. Additionally, it has 2 large bathrooms and a spectacular kitchen connected to a beautiful interior patio, conditioned as a terrace, which guarantees abundant natural light throughout the day, flooding the space with Mediterranean vitality. The 50 m² living-dining room is the soul of the house, with three bay windows that invite light and urban views, all under the imposing 4-meter high ceilings that enhance its magnificence. High-end finishes include, among others: natural wood flooring, large format white lacquered doors, wooden windows with double glazing for optimal energy efficiency, and large built-in wardrobes that maximize storage without sacrificing style. Located in a privileged position, next to Rambla Méndez Núñez, just a stone's throw from Explanada de España, the marina, and Postiguet Beach. On foot, you will reach supermarkets, bus and tram stops, shops, restaurants, and cafes, with all the amenities of the vibrant center of Alicante at your fingertips: dining and leisure area, public transport, and essential services. An excellent opportunity to invest in a cosmopolitan and bright lifestyle! Don't miss out on this unique home with its 4-meter high ceilings that make it a true oasis in the heart of the city. Contact us now for more details. *This document is purely informative, indicative, and non-binding, therefore it does not constitute any contractual information, and its use is strictly commercial.

Features
Elevator
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €760,000
Taxes (ITP 10%) + €76,000
Notary Fees + €6,384
Registry Fees + €2,432
Gestoría Fees + €2,280
Valuation + Other + €339

Total Investment €847,435
Est. Monthly Rent €2,312/mo
Est. Annual Rent €27,750/yr

Est. Yield 3.27%
Days on Market
146
First seen
2025-10-08
View on Idealista