Active ID: 103987811 Centro Tradicional

Penthouse for sale in Rambla de Méndez Núñez

4 Bed • 2 Bath • 164 m² • Floor 7

€850,000

AI Analyst
Long-term Rental

"Prime penthouse in Alicante’s Centro Tradicional with panoramic views, a 25m² terrace, and 4 bedrooms offers strong appeal for premium tenants or owner-occupiers seeking exclusivity and Mediterranean lifestyle."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms to maximize rental yield and resale value
Pros
  • Prestigious central location with sea and castle views
  • Large terrace enhances lifestyle and rental appeal
  • Spacious 4-bedroom layout suitable for families or professionals
Cons
  • Gross rental yield is modest (~2.9%), limiting cash flow
  • Potential need for interior modernization to achieve premium rents
  • High price point narrows target tenant and buyer pool
Description

Imagine opening the doors to a world of Mediterranean dreams in this dazzling penthouse on the Rambla Méndez Núñez in Alicante. With 165m2 of pure elegance, distributed in 4 bedrooms and 2 bathrooms, this home is waiting to be discovered by you. But the real jewel is its 25m2 terrace: a space where the boundaries between the sky and the sea blur. Imagine enjoying your morning coffee while the rising sun illuminates the Castle of Santa Bárbara, gradually revealing the secrets of this historic fortress. And as evening falls, the view of the marina invites you to dream of marine adventures. Every corner of this penthouse has been designed to awaken your senses and curiosity. Can you imagine living here? Feeling the sea breeze, watching the landscape change with the seasons, experiencing the vibrant urban life of Alicante from your private oasis. We invite you to discover what makes this penthouse not just a home, but an experience. Come visit it and let each step through its spaces speak to you of the future, of home, of life. This penthouse is not just a place to live; it is a dream waiting to be lived.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €850,000
Taxes (ITP 10%) + €85,000
Notary Fees + €7,140
Registry Fees + €2,720
Gestoría Fees + €2,550
Valuation + Other + €339

Total Investment €947,749
Est. Monthly Rent €2,031/mo
Est. Annual Rent €24,369/yr

Est. Yield 2.57%
Days on Market
245
First seen
2025-10-08
View on Idealista