Active ID: 110720396 Centro Tradicional

Flat / apartment for sale in Avenida de Ramón y Cajal, 1

3 Bed • 2 Bath • 160 m² • Floor 9

€1,200,000

AI Analyst
Long-term Rental

"Prime 160 m² seafront apartment in Alicante’s Centro-Tradicional, fully renovated with high-end finishes, panoramic port and Mediterranean views, and a terrace—offering rare exclusivity and strong appeal for premium tenants or owner-occupiers."

Negotiation Leverage Balanced
Value Add None - Turnkey (full renovation included in project)
Pros
  • Exceptional sea and port views enhance rental and resale value
  • Comprehensive high-quality renovation reduces immediate capex
  • Prestigious location in Alicante’s most desirable area
Cons
  • Gross rental yield is low (~2.1%), limiting cash flow
  • High acquisition price narrows investor pool and increases risk
  • Market context unknown—potential exposure to local price corrections
Description

Project with Incredible Potential in Front of the Port On Ramón y Cajal Avenue, in Alicante, stands this unique property with simply spectacular views of the Port and the Mediterranean Sea. From the home you can enjoy breathtaking panoramas of the Port of Alicante, with all its boats, turning every sunrise and sunset into a privileged experience. This is a spacious apartment of approximately 160 m² built area that will be completely renovated and restored with magnificent quality finishes. The project includes a full refurbishment, taking care of every detail, combining contemporary design, functionality, and high-end materials to create an elegant home with 3 bedrooms and two bathrooms, one of them en suite. Heating and A/C with Airzone, reinforced security entrance door, glazing with thermal insulation, and 100x100 porcelain flooring. The home will stand out for its great brightness thanks to its excellent orientation and large windows, allowing natural light to flood every room. In addition, it will have a terrace, the perfect space to enjoy Alicante’s exceptional climate and its amazing views of the sea and the port. A unique opportunity to live or invest in one of the city’s most privileged areas, in an exclusive apartment that, after renovation, will become a true jewel by the sea.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €1,200,000
Taxes (ITP 10%) + €120,000
Notary Fees + €10,080
Registry Fees + €3,840
Gestoría Fees + €3,600
Valuation + Other + €339

Total Investment €1,337,859
Est. Monthly Rent €2,148/mo
Est. Annual Rent €25,773/yr

Est. Yield 1.93%
Days on Market
6
First seen
2026-02-25
View on Idealista