Penthouse for sale in Rambla de Méndez Núñez
4 Bed • 2 Bath • 164 m² • Floor 7
€1,400,000
AI Analyst
Long-term Rental"Unique bundled offering of a penthouse, apartment, and 9 garage spaces in a prime Alicante location, featuring luxury finishes and strong intrinsic value. Below-market pricing and flexible financing enhance its appeal for diversified income strategies."
Pros
- •Prime city-center location with landmark views
- •Multiple income streams from residential units and garages
- •Luxury finishes and modern construction reduce capex
Cons
- •High absolute price limits buyer pool
- •Potential vacancy risk for multiple units/garages
- •Rent yield appears modest relative to acquisition cost
Description
Lot for investors. A lot is for sale consisting of a penthouse, an apartment, and 9 garage spaces in a recently constructed building on the emblematic Rambla de Alicante street. - The penthouse has a usable area of 125 m2 and a ground-floor terrace of approximately 20 m2. It is distributed into a living room, 4 bedrooms, 2 bathrooms, and a kitchen with a utility room. The home is built with luxury finishes, including Italian marble flooring, aluminum exterior carpentry with double-glazed Climalit windows, oak interior carpentry, centralized hot/cold air conditioning with zone system, bathtub and hydromassage shower in the bathrooms, pre-installed for home automation, etc. From the large terrace, there are excellent views of Santa Barbara Castle as well as a large part of the city. - The apartment is a first floor in the same building and has a constructed area of 164 m2 and a usable area of 125 m2. It consists of a living room, 4 bedrooms, 2 bathrooms, and a kitchen with a utility room. The home has the same construction quality as the penthouse. - 9 garage spaces in the basement of the same building with an entrance from C/ Bailén. The combined price for all properties is €1,400, 000, which is below its market value. There is also an existing mortgage to which subrogation would be possible. Do not miss this investment opportunity on one of the city's main streets. Real estate management, investment products, and financing. Your trusted real estate agency.