Flat / apartment for sale in Calle Cándida Jimeno Gargallo
4 Bed • 2 Bath • 157 m² • Floor 3
€550,000
AI Analyst
Long-term Rental"Prime central Alicante apartment with 157m², period features, and renovation potential. Steps from Explanada de España and Postiguet beach, this property offers spacious living, high ceilings, and balconies—ideal for value-add investors seeking premium location assets."
Pros
- •Exceptional central location near beach and amenities
- •Large, bright living spaces with period features
- •Significant value-add potential through renovation
Cons
- •Requires substantial renovation investment
- •Current rent yield is low relative to asking price
- •Potential overpricing due to premium location and renovation needs
Description
Spacious and bright home located in an emblematic building in the center of Alicante, very close to the Explanada de España. Note: The first images of the interior of the home are digital recreations for illustrative purposes of how it could look after renovation and do not reflect the current state of the property. The Potential: The home is in its original condition, retaining traditional elements such as hydraulic tile floors, high ceilings that provide great spaciousness, original solid wood doors, and architectural details that deserve to be restored and integrated into a new interior design project. Social Area: An imposing living-dining room full of light thanks to its large windows and three balconies facing the street. It features a built-in bookcase that presides over the room, ideal for keeping as a signature element. Private Area: Currently has 4 bedrooms (the master with an en-suite bathroom and a large independent dressing room). Given the surface area, the renovation allows for redesigning the space to easily obtain a third bedroom without losing spaciousness. Extras: Independent kitchen ready for updating, second full bathroom. Premium Location just a few steps from Postiguet beach and the marina, surrounded by all kinds of services and shops.