Active ID: 111413957 Casco Histórico

Flat / apartment for sale in Calle Ingeniero Lafarga

4 Bed • 2 Bath • 158 m² • Floor 4

€990,000

AI Analyst
Long-term Rental

"Iconic, fully renovated 4-bedroom apartment in Alicante’s Edificio Mónaco offers panoramic sea views, prime Explanada location, and architectural prestige—positioning it as a rare, high-end asset for discerning investors seeking long-term value."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Prime waterfront location with panoramic views of Port of Alicante and Postiguet Beach
  • Architecturally significant building with strong local and international appeal
  • Fully renovated, move-in ready with high-end finishes and contemporary design
Cons
  • Gross rental yield is modest (~3.1%), limiting cash flow potential
  • High acquisition cost narrows buyer pool and may slow resale
  • Market context is unclear; luxury segment can be illiquid in downturns
Description

Living by the sea in a unique architectural masterpiece in Alicante INMOLUX (A.P.I col. 1044). Presents exclusively There are properties… and then there are those that make a real difference. INMOLUX presents this exclusive home in the iconic Edificio Mónaco, designed by Juan Guardiola Gaya, where architecture, location, and lifestyle come together in a proposal that is difficult to match. From its fourth floor, this home redefines the concept of light and spaciousness: the Mediterranean enters every room thanks to its impressive bay windows that wrap around the living room and offer open views of the Port of Alicante and El Postiguet Beach. Every detail has been carefully renovated to offer a perfect balance between contemporary design and comfort: Spacious and fluid spaces designed for enjoyment Bright, elegant, and representative living area Master suite with dressing room and private spa-like bathroom Exterior rooms that make light the protagonist The Edificio Mónaco, known as "the House of Murals," is not just a place to live; it is a recognized architectural asset, a symbol of the city that adds present value and future projection. Its location, right on the Explanada and steps from the sea, places it in one of the most sought-after areas by national and international buyers, which also reinforces its appeal as a property investment. A property for those who are not simply looking to buy, but to make the right choice. Legal and economic information regarding the sale. The indicated price does not include taxes or expenses derived from the sale. As this is a resale property transfer, the transaction is subject to the Property Transfer Tax (ITP), which will be applied according to the current rate in the Valencian Community, generally 10%, and may vary depending on the personal circumstances of the buyer and the applicable regulations at the time of transfer. The tax base will be determined in accordance with current legislation. Unless otherwise agreed, notary and property registry fees will be borne by the buyer, in accordance with the official tariffs established in Royal Decree 1426/1989 and Royal Decree 1427/1989. No commission for the buyer. Real estate intermediation fees are included in the sale price and are fully borne by the seller, without any increase in price for the buyer. Unless expressly stated otherwise, the property is transferred as a specific entity and free of furniture and appliances. This information is provided in compliance with consumer protection regulations, particularly Royal Legislative Decree 1/2007, and is purely informative, indicative, and non-contractual.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €990,000
Taxes (ITP 10%) + €99,000
Notary Fees + €8,316
Registry Fees + €3,168
Gestoría Fees + €2,970
Valuation + Other + €339

Total Investment €1,103,793
Est. Monthly Rent €2,590/mo
Est. Annual Rent €31,080/yr

Est. Yield 2.82%
Days on Market
1
First seen
2026-05-10
View on Idealista