Active ID: 108900728 Casco Histórico

Flat / apartment for sale in Rb Mendez Nuñez, 38

4 Bed • 2 Bath • 146 m² • Floor 3

€370,000

↓ 1.3% from €375,000
€370,000 2026-03-02
€375,000 2025-12-15
AI Analyst
Long-term Rental

"Spacious 4-bedroom apartment in Alicante’s historic center, offering 146 m² built area, terrace, and patio. Prime location near Explanada and Postiguet beach, with strong potential for value-add through renovation and attractive long-term rental yields."

Negotiation Leverage Balanced
Value Add Full interior modernization (kitchen, bathrooms, flooring, fixtures) to reposition as luxury rental or residence.
Pros
  • Prime central location near major attractions and beach
  • Large, flexible floor plan with terrace and patio
  • Building with elevator and good accessibility
Cons
  • Requires significant renovation to reach full potential
  • Older building (1978) may have higher maintenance needs
  • Rental yield may be sensitive to local market fluctuations
Description

Discover this fantastic home in the heart of Alicante! Located on the emblematic Rambla de Méndez Núñez, this spacious property of 146 m² built with common areas and 110 m² usable, incl. patio and terrace, offers endless possibilities. Ideal for those looking for a spacious and attractive space to adapt to their new home, having enough space for the whole family. The location is unbeatable, just a few steps from the Explanada and Postiguet beach. Imagine enjoying a terrace overlooking the vibrant Rambla, perfect for relaxing after a long day. Located in a solid building, built in 1978, it has an attractive and spacious entrance hall, with two elevators, guaranteeing comfort and accessibility to the different floors, with a distribution of two homes per floor, which gives it a greater sense of independence. It is currently used as a professional office, however, NO change of use is required since its qualification both in the Land Registry and in the Cadastre is RESIDENTIAL USE AS A HOME, having great potential to become, after reforming it, a luxury home, thanks to its distribution possibilities and large interior patio. Its southwest orientation ensures excellent light throughout the day, while the heat/cold pump heating and air conditioning provide a pleasant environment at any time of the year. Don't miss this unique opportunity to live or invest in one of the most sought-after areas near the Explanada de Alicante. It's time.. . take the plunge! Taxes not included. Agency fees paid by the seller. This advertisement contains real images and some generated by artificial intelligence.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €370,000
Taxes (ITP 10%) + €37,000
Notary Fees + €3,108
Registry Fees + €1,184
Gestoría Fees + €1,110
Valuation + Other + €339

Total Investment €412,741
Est. Monthly Rent €2,172/mo
Est. Annual Rent €26,067/yr

Est. Yield 6.32%
Days on Market
80
First seen
2025-12-15
View on Idealista