Active ID: 108469026 Centro Tradicional

Flat / apartment for sale in Rambla de Méndez Núñez

4 Bed • 2 Bath • 175 m² • Floor 2

€600,000

AI Analyst
Holiday Rental

"Fully renovated 4-bedroom apartment in Alicante’s prime center, featuring a large terrace and strong short-term rental history, offers immediate income potential and long-term capital appreciation in a high-demand urban location."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Prime central location near beach and amenities
  • Fully renovated with modern systems and finishes
  • Proven Airbnb rental history for immediate cash flow
Cons
  • High price per square meter for Alicante
  • Potential regulatory risks for short-term rentals
  • Limited value-add opportunities due to recent renovation
Description

SPECIAL INVESTORS! Apartment being renovated, all exterior, located in the center of Alicante, on Avenida de la Rambla, has 135 m2, has 4 bedrooms and 2 bathrooms. The apartment is close to public transport, restaurants, pubs, shops, with all services, supermarkets, the beach, the Explanada, the tram, etc. The apartment has been completely renovated from the electrical installation, water, floors, kitchen, bathrooms. It is an all-exterior apartment. The apartment is currently rented on Airbnb. It has a large terrace, air conditioning. It is a good building. Do not hesitate to visit it, we speak English, French and Italian.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €600,000
Taxes (ITP 10%) + €60,000
Notary Fees + €5,040
Registry Fees + €1,920
Gestoría Fees + €1,800
Valuation + Other + €339

Total Investment €669,099
Est. Monthly Rent €2,264/mo
Est. Annual Rent €27,171/yr

Est. Yield 4.06%
Days on Market
146
First seen
2025-10-08
View on Idealista