Delisted ID: 109730802 Casco Hist├│rico

Flat / apartment for sale in Paseo Esplanada d'Espanya, 3

3 Bed • 3 Bath • 170 m² • Floor 3

€2,700,000

AI Analyst
Long-term Rental

"Prime, fully renovated luxury apartment in Alicante’s most prestigious location, offering high-end finishes, designer interiors, and immediate proximity to the beach, port, and city amenities—an exclusive asset with strong appeal for affluent tenants or owner-occupiers."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Exceptional central location on Explanada de Alicante, near beach and port
  • Recently renovated to luxury standards by renowned designers
  • High ceilings and premium finishes enhance exclusivity and tenant appeal
Cons
  • Yield is low relative to price (approx. 1.4% gross)
  • Limited value-add potential due to turnkey condition
  • Niche luxury segment may reduce liquidity and tenant pool
Description

Luxury home on the Explanada de Alicante — Exclusivity and design in the heart of the city On the most prestigious street in the entire province of Alicante, facing the Explanada and just a few meters from the beach and the port, is this unique luxury home. Located in the heart of the capital of Alicante, surrounded by the best restaurants, shops and services, it combines the convenience of the most coveted location with the most exquisite design. The property has been recently renovated by prestigious interior designers, taking care of every detail with top-of-the-range materials and finishes. Each piece of furniture and each architectural element has been selected with impeccable taste, creating a sophisticated and welcoming atmosphere at the same time. Highlights include its natural stone walls, ceilings over 4 meters high, and an elegant combination of contemporary design with Mediterranean character. It has a fully equipped kitchen with state-of-the-art appliances, a spacious and bright living room, three double bedrooms and three full bathrooms, all decorated with a refined and modern style. This is an exclusive home, ideal for those looking for a designer home in the most emblematic and privileged enclave of Alicante.

Features
Elevator
Air Conditioning
Exterior
Investment Summary
Purchase Price €2,700,000
Taxes (ITP 10%) + €270,000
Notary Fees + €22,680
Registry Fees + €8,640
Gestoría Fees + €8,100
Valuation + Other + €339

Total Investment €3,009,759
Est. Monthly Rent €2,550/mo
Est. Annual Rent €30,600/yr

Est. Yield 1.02%
Days on Market
43
First seen
2025-12-16
View on Idealista