Flat / apartment for sale in Rb Mendez Nuñez, 38
4 Bed • 2 Bath • 146 m² • Floor 3
€365,000
AI Analyst
Long-term Rental"Prime 4-bedroom apartment in Alicante’s historic center, offering 146 m² of space, terrace, and strong conversion potential. Steps from Explanada and Postiguet beach, this property is ideal for value-add investors seeking central, high-demand locations."
Pros
- •Exceptional central location near Explanada and beach, ensuring strong tenant demand.
- •Large, flexible floor plan with terrace and patio, suitable for premium rental positioning.
- •Building with elevators and good accessibility, enhancing appeal to a broad tenant base.
Cons
- •Requires significant renovation investment to reach market rental standards.
- •Older building (1978) may have higher ongoing maintenance or modernization needs.
- •Price per square meter is relatively high for the area, compressing initial yield until value-add is realized.
Description
Discover this fantastic home in the heart of Alicante! Located on the emblematic Rambla de Méndez Núñez, next to the famous Explanada, this spacious property of 146 m² built (including common areas) and 110 m² usable, including patio and terrace, offers endless possibilities. Ideal for those looking to invest in a large and attractive space to adapt to their new home, with enough space for the whole family. The location is unbeatable, just a few steps from the Explanada and Postiguet beach. Imagine enjoying a terrace with views of 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, ensuring comfort and accessibility to the different floors, with a distribution of two homes per floor, which gives a greater sense of independence. It is currently used as a professional office, however, NO change of use is required as its classification in both the Property Registry and the Cadastre is RESIDENTIAL USE AS A DWELLING, having great potential to become, after a complete renovation and the addition of its corresponding kitchen, a luxury home, thanks to its distribution possibilities and large interior patio. Its southwest orientation ensures excellent luminosity throughout the day, while the hot/cold pump heating and air conditioning provide a pleasant atmosphere 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 and Port of Alicante. Now is the time.. . take the step! Purchase taxes (ITP) and transfer costs (Notary and Property Registry) are not included in the advertised price. Agency fees are paid by the seller. This advertisement contains real images and some generated by artificial intelligence.