Active ID: 110811226 Casco Histórico

Flat / apartment for sale in Rambla de Méndez Núñez

2 Bed • 2 Bath • 88 m²

€440,000

AI Analyst
Long-term Rental

"Modern 2-bedroom, 2-bath flat in Alicante’s historic center offers strong tenant appeal with elevator, terrace, and turnkey furnishings—ideal for investors seeking stable urban rental income."

Negotiation Leverage Balanced
Value Add Minor cosmetic upgrades to increase rental appeal
Pros
  • Prime location in historic center with high rental demand
  • Fully furnished and equipped with air conditioning
  • Elevator and terrace enhance tenant desirability
Cons
  • Gross yield (~3.6%) is modest for the market
  • Limited value-add opportunities beyond minor upgrades
  • Potential for higher vacancy due to premium pricing
Description

Flat for sale in Alicante/Alacant, with 88 m², 2 rooms and 2 bathrooms, Lift, Furnished and Air conditioning.

Features
Elevator
Terrace/Balcony
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 €1,345/mo
Est. Annual Rent €16,135/yr

Est. Yield 3.29%
Days on Market
56
First seen
2026-03-05
View on Idealista