Active ID: 108278764 Casco Histórico

Flat / apartment for sale in Rambla de Méndez Núñez, 12

3 Bed • 2 Bath • 215 m² • Floor 4

€1,290,000

AI Analyst
Long-term Rental

"Prime, fully renovated 215 m² designer apartment in Alicante’s historic core, offering high ceilings, abundant natural light, and luxury finishes in a protected building—ideal for discerning tenants seeking exclusivity and comfort."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Turnkey condition with 2024 high-end renovation—no immediate capex required
  • Prestigious location in Alicante’s historic center with strong tenant demand
  • Exceptional natural light, sound insulation, and luxury finishes enhance rental appeal
Cons
  • High entry price limits yield relative to market average
  • No terrace or outdoor space, which may deter some premium tenants
  • Protected building status may restrict future modifications or expansions
Description

Exclusive designer home in a protected building – Rambla de Méndez Núñez, Alicante. Located on one of Alicante's most emblematic avenues, this spectacular 215 m² corner property stands out for its elegance, luminosity, and modern design, framed in a protected building of great historical and architectural value. With a privileged south-east orientation and completely exterior, this home has been completely renovated in 2024 by a prestigious architecture studio, which has perfectly combined the spaciousness of the spaces with a contemporary, functional, and welcoming aesthetic. The distribution revolves around a spacious entrance hall that leads, on one side, to an impressive living-dining room surrounded by five balconies with unobstructed views of the Portal de Elche, and on the other, to a modern island-style kitchen fully equipped with high-end appliances and a practical gallery area. It has three generous exterior bedrooms, one of them en suite with its own dressing room, and two complete bathrooms. In total, the house has nine balconies, all with high-performance carpentry, which guarantee a constant entry of natural light throughout the day, as well as extraordinary thermal and acoustic insulation. The interior stands out for its 3.5 m high ceilings, the architectural curves that bring fluidity and warmth to the spaces, and first-class finishes: solid natural oak flooring, kitchen and bathrooms clad in natural marble, built-in wardrobes with automatic interior light by sensors, and a careful selection of materials and details that elevate the quality and comfort of the home. The absence of terraces and catering establishments on the ground floor reinforces the exclusive and silent character of the building, guaranteeing a high level of comfort and privacy. Includes 18 m² storage room, elevator and concierge service. Information No agencies please.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €1,290,000
Taxes (ITP 10%) + €129,000
Notary Fees + €10,836
Registry Fees + €4,128
Gestoría Fees + €3,870
Valuation + Other + €339

Total Investment €1,438,173
Est. Monthly Rent €4,897/mo
Est. Annual Rent €58,760/yr

Est. Yield 4.09%
Days on Market
78
First seen
2025-12-15
View on Idealista