Active ID: 111551829 Centro Tradicional

Flat / apartment for sale in Paseo Esplanada d'Espanya, 13

3 Bed • 3 Bath • 214 m² • Floor 6

€1,000,000

AI Analyst
Long-term Rental

"Prime beachfront duplex in Alicante’s Centro-Tradicional, fully renovated and offering rare first-line sea views. Spacious 214m² layout with three bedrooms, elevator access, and strong long-term appreciation potential in a supply-constrained location."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • First-line beachfront location ensures enduring demand and value retention
  • Fully renovated, minimizing immediate capex and vacancy risk
  • Large 214m² layout suitable for premium tenants or families
Cons
  • Gross yield is sub-2.4%, below typical investor targets for the region
  • No terrace or outdoor private space, limiting appeal for some tenants
  • High absolute price narrows the potential tenant and buyer pool
Description

BEACH. FIRST LINE OF POSRIGUET BEACH! It is a very spacious Duplex that has a lot of space and is totally renovated. It is an investment opportunity. First line will always be appreciated at any time.

Features
Elevator
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €1,000,000
Taxes (ITP 10%) + €100,000
Notary Fees + €8,400
Registry Fees + €3,200
Gestoría Fees + €3,000
Valuation + Other + €339

Total Investment €1,114,939
Est. Monthly Rent €1,969/mo
Est. Annual Rent €23,625/yr

Est. Yield 2.12%
Days on Market
12
First seen
2026-05-29
View on Idealista