Active ID: 110565643 Casco Hist├│rico

Flat / apartment for sale in Paseo Esplanada d'Espanya

3 Bed • 3 Bath • 226 m² • Floor 3

€2,400,000

↓ 4.0% from €2,500,000
€2,400,000 2026-09-07
€2,500,000 2026-02-07
AI Analyst
Long-term Rental

"Prime, fully renovated 226 m² apartment on Alicante’s iconic Paseo de la Explanada, offering luxury finishes, sea proximity, and panoramic views—an exceptional asset for high-end rental or lifestyle investment in the city’s historic core."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Prestigious, central seafront location with strong tenant demand
  • Turnkey condition with luxury finishes and modern amenities
  • Large, bright living spaces and terrace with panoramic views
Cons
  • High acquisition price limits yield potential
  • Luxury segment may face longer vacancy periods
  • Limited value-add opportunities due to recent renovation
Description

Lion Capital Group offers you this spectacular property located on Esplanada d'Espanya, Alicante. It is a stately home that stands out for its spaciousness and its privileged location facing the sea on one of the city's most iconic promenades. Its imposing facade and historical character make it a unique piece of real estate for those seeking exclusivity and distinction. The property, located on the third floor and facing the exterior, is distributed into a large living-dining room, an independent kitchen, and three spacious bedrooms. It has three full bathrooms that serve the entire property and a balcony facing the main street. The layout of its 226 constructed square meters allows for a clear separation between the day areas and the rest areas. This 1890 property is in good condition and has an elevator, maintaining the charm of the era with high ceilings and large windows. Its east orientation guarantees exceptional natural light for much of the day, enhancing the warmth of all the rooms. The property is equipped with individual heating and built-in wardrobes that optimize storage in the bedrooms. Transport options include the Porta del Mar TRAM station and the Plaza Puerta del Mar bus stop. The surrounding area has educational centers such as CEIP Esplanada and the Alicante International School. For day-to-day needs, there are establishments such as the Carrefour Express supermarket in Plaza del Ayuntamiento, Mercadona, and the Explanada Pharmacy. Leisure moments can be enjoyed in the historic Canalejas Park or in Plaza de Gabriel Miró. Do not miss this great opportunity and come visit the property with us; we will be delighted to help you.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €2,400,000
Taxes (ITP 10%) + €240,000
Notary Fees + €20,160
Registry Fees + €7,680
Gestoría Fees + €7,200
Valuation + Other + €339

Total Investment €2,675,379
Est. Monthly Rent €4,897/mo
Est. Annual Rent €58,760/yr

Est. Yield 2.11%
Days on Market
227
First seen
2026-02-07
View on Idealista