Active ID: 110565643 Casco Histórico

Flat / apartment for sale in Paseo Esplanada d'Espanya

3 Bed • 3 Bath • 226 m² • Floor 3

€2,500,000

AI Analyst
Long-term Rental

"Prime, fully renovated 226 m² apartment on Alicante’s iconic Paseo de la Explanada, offering luxury finishes, sea proximity, and panoramic views—an exceptional asset for high-end rental or lifestyle investment in the city’s historic core."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Prestigious, central seafront location with strong tenant demand
  • Turnkey condition with luxury finishes and modern amenities
  • Large, bright living spaces and terrace with panoramic views
Cons
  • High acquisition price limits yield potential
  • Luxury segment may face longer vacancy periods
  • Limited value-add opportunities due to recent renovation
Description

Lion Capital Group offers you this spectacular property located on Esplanada d'Espanya, Alicante. It is a stately home that stands out for its spaciousness and its privileged beachfront location on one of the city's most emblematic promenades. Its imposing facade and historical character make it a unique real estate gem for those seeking exclusivity and distinction. The home, located on the third exterior floor, is distributed into a spacious living-dining room, a separate kitchen, and three spacious bedrooms. It has three full bathrooms serving the entire property and a balcony facing the main street. The organization of its 226 square meters of built area allows for a clear separation between the living areas and the sleeping areas. This property, dating back to 1890, is in good condition and has an elevator, maintaining the charm of the era with high ceilings and large windows. Its east-facing orientation guarantees exceptional natural light throughout much of the day, enhancing the warmth of all rooms. The property is equipped with individual heating and built-in wardrobes that optimize storage in the bedrooms. Transportation options include the Porta del Mar TRAM station and the Plaza Puerta del Mar bus stop. The surrounding area has educational centers such as CEIP Esplanada and Colegio Internacional Alicante. For daily needs, there are establishments such as the Carrefour Express supermarket in Plaza del Ayuntamiento, Mercadona, and Explanada Pharmacy. Leisure time can be enjoyed in the historic Canalejas Park or in Plaza de Gabriel Miró. Don't miss this great opportunity and come visit the property with us, we will be delighted to assist you.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €2,500,000
Taxes (ITP 10%) + €250,000
Notary Fees + €21,000
Registry Fees + €8,000
Gestoría Fees + €7,500
Valuation + Other + €339

Total Investment €2,786,839
Est. Monthly Rent €4,897/mo
Est. Annual Rent €58,760/yr

Est. Yield 2.11%
Days on Market
123
First seen
2026-02-07
View on Idealista