Active ID: 111237620 Casco Histórico

Flat / apartment for sale in Calle San Fernando, 8

3 Bed • 2 Bath • 120 m² • Floor 2

€459,000

AI Analyst
Long-term Rental

"Fully renovated 3-bedroom apartment in Alicante’s prime Casco Histórico, just steps from the marina and Postiguet beach, offering modern finishes, open-plan living, and immediate access to city amenities—ideal for investors seeking turnkey assets in high-demand locations."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Prime location near marina, beach, and city center
  • Fully renovated with modern finishes and open-plan layout
  • High rental demand area with strong year-round appeal
Cons
  • Gross rental yield is modest (~4.3%) for the price point
  • Potential for seasonal rental fluctuations despite centrality
  • Premium pricing limits upside for value-add strategies
Description

Located 50 meters from the Explanada promenade and the marina, and 200 meters from Postiguet beach, this is a home with a very established location, surrounded by all services and with immediate access to the main areas of the city. The home has been renovated and features a modern layout, with an open-plan living area and well-utilized spaces. It has a spacious living-dining room with large windows that provide natural light, connected to a fully equipped open-plan kitchen with an island, creating a comfortable and functional space for both daily use and entertaining guests. It has three spacious bedrooms, all with wardrobes, and two full bathrooms. The finishes are modern, with wooden floors and air conditioning. Completely renovated home in one of Alicante's most sought-after locations. Situated just 50 meters from the Explanada and the marina, and 200 meters from Postiguet beach, it allows you to enjoy the city center and the sea on foot, without the need for transportation. The property stands out for its modern and functional layout, with an open-plan living area that integrates the living room, dining room, and kitchen, creating a spacious, bright, and comfortable space. The large windows provide natural light throughout the day, creating a pleasant and welcoming atmosphere. It has three well-proportioned bedrooms, with wardrobes and a modern aesthetic, designed for both family use and guests. The two full bathrooms are in perfect condition, with modern and practical finishes. The contemporary-style kitchen is open-plan and equipped, with a central island that facilitates daily use and enhances the connection with the rest of the home. It is a space designed to be functional without sacrificing aesthetics. The materials used, such as the wooden flooring and air conditioning, provide comfort throughout the year. The home is in very good condition, ready to move into without the need for renovations. The surroundings are one of its great assets: a lively area throughout the year, with immediate access to restaurants, shops, public transport, and all necessary services. Its proximity to the sea and the main points of interest make it a very complete option for both living and investing. Due to its features and location, it is a suitable property as a primary residence in the center, a second home, or an investment with high rental demand. If you are looking for a home ready to enjoy from day one, in an established location with everything at your fingertips, this is an option worth considering. Does it fit what you are looking for?

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €459,000
Taxes (ITP 10%) + €45,900
Notary Fees + €3,856
Registry Fees + €1,469
Gestoría Fees + €1,377
Valuation + Other + €339

Total Investment €511,940
Est. Monthly Rent €1,630/mo
Est. Annual Rent €19,560/yr

Est. Yield 3.82%
Days on Market
0
First seen
2026-04-23
View on Idealista