Active ID: 110794806 Centro Tradicional

Flat / apartment for sale in Rambla de Méndez Núñez

2 Bed • 2 Bath • 84 m² • Floor 1

€440,000

AI Analyst
Long-term Rental

"Newly renovated, never-lived-in 2-bedroom apartment in Alicante’s vibrant city center, offering modern finishes, excellent connectivity, and proximity to key amenities, but with a modest rental yield and limited outdoor space."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Prime city center location near beach, market, and cultural sites
  • Fully renovated and never occupied, minimizing immediate capex
  • Strong tenant demand due to connectivity and amenities
Cons
  • Gross rental yield below 3.3%, limiting cash flow potential
  • No terrace or significant outdoor space, which may limit appeal
  • Agency fees not included, increasing acquisition cost
Description

In an unbeatable location like La Rambla de Alicante, we have found this charming, newly renovated and never-before-lived-in apartment. In an area full of life, with access to a wide variety of services, shops, restaurants, and cultural and leisure activities, offering city center living. A stone's throw from the Central Market, Postiguet Beach, and Santa Bárbara Castle. With excellent connections to the rest of the city and even to other municipalities thanks to the different bus or tram lines. With 80 square meters very well distributed, this home with its own style opens its doors to us. A spacious entrance welcomes us, with a built-in wardrobe ideal for storage. Two spacious bedrooms with built-in wardrobes designed to ensure rest and an intimate environment. Two bathrooms, one of them en suite, both functional and each with a different touch that makes them unique. The living-dining room is presented as an open and comfortable space. Furthermore, the living-dining room is open to the kitchen, practical and with materials that enhance its luminosity. Finally, this home has a light well that could be an option to convert into a chill-out area within the city. Designed with care and attention to detail to make your day-to-day as comfortable as possible, with great taste in white and wood tones that make it modern and warm. If your desire is to live in the heart of Alicante and enjoy all its benefits, you cannot miss this opportunity. Agency fees not included in the price.

Features
Elevator
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €440,000
Taxes (ITP 10%) + €44,000
Notary Fees + €3,696
Registry Fees + €1,408
Gestoría Fees + €1,320
Valuation + Other + €339

Total Investment €490,763
Est. Monthly Rent €1,191/mo
Est. Annual Rent €14,291/yr

Est. Yield 2.91%
Days on Market
11
First seen
2026-03-05
View on Idealista