Duplex for sale in Avenida de Jaime II
4 Bed • 2 Bath • 208 m² • Floor 7
€1,299,000
AI Analyst
Long-term Rental"Fully renovated 4-bedroom duplex in Alicante’s historic center, featuring a 90m² terrace, panoramic views, and premium finishes. Prime location near Rambla and Santa Barbara Castle enhances both lifestyle appeal and long-term value retention."
Pros
- •Prime central location near major landmarks and amenities
- •Completely renovated, minimizing immediate capital expenditure
- •Large private terrace with multiple orientations and city views
Cons
- •Gross rental yield is low (~2%), limiting cash flow potential
- •High price point for the local market segment
- •Limited value-add opportunities due to recent renovation
Description
Duplex on Avenida Jaime II in Alicante. It is located just 100 meters from the Rambla. The property consists of 2 floors; on the first, you will find a spacious 45-meter living room with a fireplace and views of Alfonso el Sabio and Santa Barbara Castle, three double bedrooms with built-in wardrobes, and two bathrooms, one of them en suite, as well as a large kitchen with a utility room and pre-installation for city gas. We continue up the spiral staircase to access a room with an en-suite bathroom and an office area. We then access a 90-meter terrace with multiple orientations. The property is completely renovated and ready to move into.