Active ID: 110500285 Centro Tradicional

Flat / apartment for sale in Rambla de Méndez Núñez

5 Bed • 2 Bath • 163 m² • Floor 10

€685,000

AI Analyst
Long-term Rental

"Spacious 5-bedroom penthouse in Alicante’s prime center offers panoramic sea and castle views, large terraces, and abundant natural light—an attractive asset for premium urban rental or long-term appreciation."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms to increase rental yield and market value
Pros
  • Prime central location with iconic views
  • Large terrace and bright, exterior rooms
  • Potential for high-end rental demand
Cons
  • High entry price relative to local yields
  • Additional cost for garage not included
  • Likely need for interior modernization
Description

MAGNIFICENT PENTHOUSE for sale in the center of ALICANTE. On the emblematic Rambla Méndez Núñez avenue with sea and castle views. Spacious living room with access to a large terrace overlooking the avenue, the sea, and Santa Bárbara Castle. It consists of 5 spacious bedrooms, 3 double and 2 single, 2 bathrooms, a large eat-in kitchen with a utility room. Very bright property, all rooms are exterior, with large terraces. It has a storage room on the rooftop. Possibility of a garage for an additional €40,000. Do not hesitate to contact us for more information and to arrange a visit to this exclusive property in the heart of Alicante. Contact phone number:.

Features
Elevator
Terrace/Balcony
Air Conditioning
Parking
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €685,000
Taxes (ITP 10%) + €68,500
Notary Fees + €5,754
Registry Fees + €2,192
Gestoría Fees + €2,055
Valuation + Other + €339

Total Investment €763,840
Est. Monthly Rent €2,063/mo
Est. Annual Rent €24,753/yr

Est. Yield 3.24%
Days on Market
31
First seen
2026-01-31
View on Idealista