Active
ID: 110582029
Centro Tradicional
Flat / apartment for sale in Plaza Gabriel Miró
4 Bed • 2 Bath • 160 m² • Floor 2
€1,100,000
AI Analyst
Holiday Rental"Prime 4-bedroom apartment in Alicante’s Explanada with terrace and panoramic views offers rare central location, spacious layout, and strong appeal for premium tenants or short-term stays."
Negotiation
Leverage
Balanced
Value Add
Modernize kitchen and bathrooms to maximize rental yield
Pros
- •Exceptional central location with iconic views
- •Large 160 m² layout suitable for families or groups
- •Terrace enhances lifestyle and rental appeal
Cons
- •High acquisition price relative to local rental yields
- •Likely need for interior modernization
- •Potential seasonality and regulatory risks for holiday rentals
Description
Have you always dreamed of living on the Explanada de Alicante? Exclusively, Ruiz Aldea & Asociados offers these magnificent views accompanied by a 4-bedroom home, living room with terrace, kitchen, and two bathrooms, privileged and different, find your new home.
Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price
€1,100,000
+ Fees & Taxes
+ €126,399
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
€1,992/mo
Est. Annual Rent
€23,908/yr
Est. Yield
1.95%
High
(13 Comps)
Days on Market
21
First seen
2026-02-10