Active ID: 111398640 Campoamor

Flat / apartment for sale in Campoamor

3 Bed • 2 Bath • 120 m² • Floor 1

€320,000

AI Analyst
Long-term Rental

"Fully renovated 3-bedroom apartment in a prestigious Alicante building, offering elevated views, abundant natural light, and access to a unique 360º communal terrace. Prime central location with proximity to amenities and the beach enhances both lifestyle and rental appeal."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Comprehensive, high-quality renovation—move-in ready, minimizing capex.
  • Prime central location near amenities, transport, and the beach, supporting strong rental demand.
  • Access to an exclusive 360º communal terrace with panoramic city and sea views, a rare amenity.
Cons
  • Gross rental yield is modest (~3.9%), limiting cash flow for yield-focused investors.
  • Second-floor unit may have less privacy and street noise despite elevated views.
  • No private terrace or balcony, which may reduce appeal for some tenants or buyers.
Description

Exclusive opportunity in one of Alicante's most emblematic and prestigious estates. Extraordinary, fully renovated home for sale, located in a stately building renowned for its construction quality, architectural presence, and privileged position within the city. The property is situated on the second floor, which, thanks to the building's architecture and height, offers a real sense of an elevated floor, with views equivalent to a fourth floor. This feature provides greater luminosity, visual spaciousness, and a pleasant perspective over the avenue, making the home an ideal option for those seeking to live in the center of Alicante with natural light, comfort, and distinction. The home has undergone a comprehensive renovation, with a modern, functional design focused on daily comfort. Its rooms feature a balanced, contemporary aesthetic, with quality finishes and a practical layout that maximizes the use of every space. The property boasts 3 spacious bedrooms, ideal for families or those needing an additional room as an office, workspace, or guest room. It also has 2 full bathrooms, renovated with modern materials and top-quality finishes, designed for daily comfort and functionality. The contemporary-style kitchen has been fully renovated and equipped, integrated into the home with a modern and practical aesthetic. Its design allows for an enjoyable, functional space adapted to current needs, both for daily use and for those who value a move-in-ready home. One of the significant differentiating factors of this property is the spectacular 360º communal terrace located on the 24th floor of the building. A unique space that encircles the entire floor and offers some of the best panoramic views of Alicante. From here, you can enjoy a privileged perspective of Santa Bárbara Castle, the Mediterranean Sea, the city skyline, and some of its most representative landmarks. An exclusive communal terrace, ideal for contemplating Alicante from above and enjoying a truly unique environment. The location is another major attraction of this home. Situated in a strategic enclave of Alicante, it allows you to enjoy the city on foot, with all necessary services nearby. A few steps away are the Plaza de Toros, the ADDA Auditorium, and the Central Market, as well as commercial areas, restaurants, supermarkets, medical centers, hospitals, and public transport. The property is also just 1.5 kilometers from Postiguet Beach and the port area, allowing you to enjoy proximity to the sea without sacrificing the convenience of living in a central, established, and perfectly connected area. Thanks to its comprehensive renovation, location, building quality, and the added value of the communal panoramic terrace, this property represents an excellent option both as a primary residence in Alicante and for those seeking a real estate investment in a high-demand area. A unique home in an emblematic building, designed for those who value location, quality, natural light, views, and the privilege of living in one of Alicante's most representative areas. Contact us to arrange a visit and personally discover the full potential of this brand-new renovated property. NOTE: For properties for sale, the advertised sale price does not include TRANSFER TAX, NOR NOTARY AND REGISTRY FEES.

Features
Elevator
Exterior
Investment Summary
Purchase Price €320,000
Taxes (ITP 10%) + €32,000
Notary Fees + €2,688
Registry Fees + €1,024
Gestoría Fees + €960
Valuation + Other + €339

Total Investment €357,011
Est. Monthly Rent €1,050/mo
Est. Annual Rent €12,597/yr

Est. Yield 3.53%
Days on Market
1
First seen
2026-05-10
View on Idealista