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. Large 214m² layout with 3 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 below 2.5%, limiting cash-on-cash returns
- •No terrace, which is atypical for prime beachfront assets
- •High absolute price may limit liquidity 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
+ Fees & Taxes
+ €114,939
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
€1,933/mo
Est. Annual Rent
€23,200/yr
Est. Yield
2.08%
High
(9 Comps)
Days on Market
90
First seen
2026-05-29