Active
ID: 112412874
Centro Tradicional
Flat / apartment for sale in Paseo Esplanada d'Espanya
6 Bed • 3 Bath • 180 m² • Floor 2
€1,100,000
AI Analyst
Long-term Rental"Prime 180 m² apartment in Alicante’s iconic Paseo Esplanada offers panoramic port views and a rare opportunity for full customization in a trophy location, ideal for value-add investors seeking core city exposure."
Negotiation
Leverage
Balanced
Value Add
Full interior renovation to modern standards
Pros
- •Exceptional central location with iconic port views
- •Large, flexible floorplan (6 rooms, 180 m²) for premium layouts
- •Direct sale from owner may reduce transaction friction
Cons
- •Requires significant renovation investment
- •No terrace, limiting outdoor amenity appeal
- •Yield is modest relative to price and renovation costs
Description
RESIDENCE ON THE PASEO DE LA EXPLANADA. With captivating, wonderful, and panoramic views of the Port of Alicante, turning every sunrise and sunset into a unique experience, the location is UNBEATABLE. It has 180 m2 of built area and 160 m2 of usable space to renovate and finish entirely to your liking. DIRECT PRICE FROM THE OWNER.
Features
Elevator
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price
€1,100,000
+ Fees & Taxes
+ €126,399
Taxes (ITP 10%)
+ €110,000
Notary Fees
+ €9,240
Registry Fees
+ €3,520
Gestoría Fees
+ €3,300
Valuation + Other
+ €339
Total Investment
€1,226,399
Est. Monthly Rent
€2,270/mo
Est. Annual Rent
€27,245/yr
Est. Yield
2.22%
Low
(49 Comps)
Days on Market
0
First seen
2026-09-07