Active ID: 109508253 Centro Tradicional

Flat / apartment for sale in Calle Bailen

3 Bed • 2 Bath • 169 m² • Floor 2

€730,000

↓ 3.9% from €760,000
€730,000 2026-03-29
€760,000 2025-10-08
AI Analyst
Long-term Rental

"Prime central Alicante apartment with 4-meter ceilings, luxury finishes, and proximity to the marina and beach offers strong appeal for high-end tenants or owner-occupiers seeking exclusivity and urban convenience."

Negotiation Leverage Balanced
Value Add Minor cosmetic upgrades or furnishing for premium rental positioning
Pros
  • Exceptional location in Alicante's city center near key amenities and attractions
  • Unique architectural features (4m ceilings, bay windows) and high-end finishes
  • Spacious layout (169 m²) with large living areas and natural light
Cons
  • Gross rental yield (~3.75%) is modest for the price point
  • Limited value-add opportunities due to recent renovation
  • Potential vacancy risk due to high-end positioning and price sensitivity
Description

Located in a fully renovated classic 1960s building in the heart of the city, this spacious luxury residence stands out for its 4-meter high ceilings, which provide an unparalleled sense of grandeur and spaciousness in every corner. Imagine bright, elevated spaces that take the elegance of your home to another level, with high ceilings that allow for natural ventilation and an impressive vertical design. Distributed into 3 very spacious bedrooms, the property features a primary bedroom with an en-suite bathroom, ideal for enjoying absolute privacy. The 4-meter ceilings in the bedrooms create a serene and welcoming atmosphere, perfect for rest. Additionally, it has 2 large bathrooms and a spectacular kitchen connected to a beautiful interior patio set up 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 ceilings that enhance its magnificence. High-end finishes include, among others: natural wood flooring, large-format white lacquered doors, double-glazed wooden windows for optimal energy efficiency, and large built-in wardrobes that maximize storage without sacrificing style. Located in a privileged position, next to the Rambla Méndez Núñez, just two steps from the Explanada de España, the marina, and Postiguet Beach. Within walking distance, you will reach supermarkets, bus and tram stops, shops, restaurants, and cafes, with all the comforts of the vibrant center of Alicante at your fingertips: dining and leisure areas, public transport, and essential services. An excellent opportunity to invest in a cosmopolitan and bright lifestyle! Do not miss this unique home with its 4-meter ceilings that make it a true oasis in the heart of the city. Contact us now for more details. *This document is merely informative, indicative, and non-binding, and therefore does not constitute any contractual information, its use being strictly commercial.

Features
Elevator
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €730,000
Taxes (ITP 10%) + €73,000
Notary Fees + €6,132
Registry Fees + €2,336
Gestoría Fees + €2,190
Valuation + Other + €339

Total Investment €813,997
Est. Monthly Rent €2,283/mo
Est. Annual Rent €27,400/yr

Est. Yield 3.37%
Days on Market
323
First seen
2025-10-08
View on Idealista