Active ID: 110671597 Casco Histórico

Flat / apartment for sale in Paseo Esplanada d'Espanya

4 Bed • 4 Bath • 180 m²

€1,080,000

AI Analyst
Long-term Rental

"Spacious 180 m², 4-bedroom flat in Alicante’s historic center offers prime location, terrace, and modern amenities, but high price and modest rental yield may limit upside for yield-focused investors."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms to increase rental appeal
Pros
  • Prime location in historic center with strong demand
  • Large size and 4 bathrooms ideal for families or sharers
  • Terrace and elevator enhance tenant appeal
Cons
  • High acquisition price limits yield (approx. 2.6% gross)
  • Potential need for interior modernization
  • Market context unknown—liquidity and price trends unclear
Description

Flat for sale in Alicante/Alacant, with 180 m², 4 rooms and 4 bathrooms, Lift and Air conditioning.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €1,080,000
Taxes (ITP 10%) + €108,000
Notary Fees + €9,072
Registry Fees + €3,456
Gestoría Fees + €3,240
Valuation + Other + €339

Total Investment €1,204,107
Est. Monthly Rent €2,300/mo
Est. Annual Rent €27,600/yr

Est. Yield 2.29%
Days on Market
51
First seen
2026-02-25
View on Idealista