Active ID: 110817639 Centro Tradicional

Flat / apartment for sale in Calle Valdés

11 Bed • 3 Bath • 180 m² • Floor 1

€1,100,000

AI Analyst
Long-term Rental

"Prime 180 m² full-floor apartment in Alicante’s Explanada de España with panoramic marina views, triple exposure, and flexible layout—ideal for luxury living or high-yield segmentation into two units."

Negotiation Leverage Balanced
Value Add Convert from office to residential use; modernize interiors; potentially segregate into two apartments for higher yield.
Pros
  • Exceptional location with direct sea and marina views in Alicante’s most prestigious area.
  • Full-floor, triple-aspect layout allows for abundant natural light and flexible reconfiguration.
  • Legal residential status simplifies renovation and potential unit segregation.
Cons
  • Currently configured as office space—requires significant investment to convert to residential.
  • Estimated gross yield (~2.6%) is low for the price point, limiting cash flow appeal.
  • Segregation into two units may face practical or community hurdles despite legal feasibility.
Description

Exclusive Property on the Front Line of the Explanada de España, Alicante Entire floor for sale, completely exterior, in the most emblematic location in Alicante: the Explanada de España. This unique property offers direct views of the marina and the Mediterranean Sea, located in one of the most sought-after areas of the city. Panoramic Views and Total Brightness This property stands out for its triple façade facing the Explanada de España, Calle Valdés and Calle San Fernando. Thanks to this multiple orientation, natural light floods every room throughout the day. Located above a high-rise premises and mezzanine, the property enjoys an elevated position that offers a clear view of the harbour and the sea, strategically positioned below the palm trees for a perfect panorama. Versatility of Use and Potential for Segregation Although the property is currently used for professional purposes as an office, its legal status is strictly residential, which guarantees all the advantages of a luxury home in a privileged location. Its current configuration, based on lightweight partition walls, offers exceptional architectural flexibility. The space allows for technical segregation into two independent dwellings: a 46 m2 unit facing Valdés and San Fernando streets, and a second 108 m2 unit with its main façade facing the Explanada de España and Valdés street. This duality makes the property an ideal option both for a large unified residence and for a high-yield investment project. Legal Security and Residential Use For registration and deed purposes, the property is listed as a single residential unit. This greatly facilitates any renovation project, allowing for the immediate unification of the 180 m2 without the need for administrative procedures or modifications to the registry. A Unique Property on the Market A complete floor with these characteristics and entirely exterior exposure rarely comes onto the market. Its strategic location, the flexibility of its spaces and its direct views of the Mediterranean make it a real estate gem, ideal both for those seeking a luxury residence and for investors who value assets in unique locations.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €1,100,000
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 €2,415/mo
Est. Annual Rent €28,982/yr

Est. Yield 2.36%
Days on Market
11
First seen
2026-03-05
View on Idealista