Active ID: 111433499 Casco Histórico

Flat / apartment for sale in Paseo Esplanada d'Espanya

3 Bed • 3 Bath • 226 m² • Floor 3

€2,500,000

AI Analyst
Long-term Rental

"Prime, fully renovated 226 m² apartment in Alicante’s historic Casa Lamaignere, offering luxury finishes, 3 bedrooms, and sea views on the prestigious Explanada d’Espanya—an exceptional blend of heritage, exclusivity, and modern comfort."

Negotiation Leverage Low
Value Add None - Turnkey
Pros
  • Prestigious seafront location in Alicante’s most exclusive area
  • Fully renovated with high-end finishes and appliances
  • Historic building with architectural distinction and modern amenities
Cons
  • High acquisition price limits yield potential
  • Rental yield below typical investor targets for the region
  • Limited value-add opportunities due to recent renovation
Description

Living opposite the Explanada de España means enjoying the most exclusive and emblematic location in Alicante. In the historic Casa Lamaignere, a building of great architectural beauty and stately character, this home offers an exceptional lifestyle by the sea, a stone's throw from the port and surrounded by some of the city's most renowned restaurants. This is a unique home, completely renovated with exquisite taste and the highest quality materials, where every detail has been designed to convey elegance, comfort, and personality. Ceilings over four meters high, natural stone walls, and a careful selection of finishes create a sophisticated, warm atmosphere with its own character, in perfect harmony with the building's distinction. Natural light floods the main living room through large windows, while the kitchen, equipped with high-end appliances, combines design and functionality for everyday life. The home has three double bedrooms and three full bathrooms, all conceived with impeccable taste and a contemporary aesthetic that elevates the living experience. A singular residence in Casa Lamaignere, where history, design, and location come together to offer one of the most distinguished properties on Alicante's entire maritime facade.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €2,500,000
Taxes (ITP 10%) + €250,000
Notary Fees + €21,000
Registry Fees + €8,000
Gestoría Fees + €7,500
Valuation + Other + €339

Total Investment €2,786,839
Est. Monthly Rent €4,897/mo
Est. Annual Rent €58,760/yr

Est. Yield 2.11%
Days on Market
1
First seen
2026-05-19
View on Idealista