Active ID: 111020478 Centro Tradicional

Flat / apartment for sale in Rambla de Méndez Núñez

4 Bed • 2 Bath • 201 m² • Floor 4

€415,000

AI Analyst
Long-term Rental

"Spacious 201 m² apartment in Alicante’s prime Rambla de Méndez Núñez location offers castle views, flexible layout, and strong rental demand—ideal for value-add or premium long-term investment."

Negotiation Leverage Balanced
Value Add Modernize kitchen, bathrooms, and update finishes to contemporary standards
Pros
  • Prime city center location with high demand
  • Large, flexible floor plan (201 m², 4 bedrooms)
  • Castle views and proximity to beach, market, and amenities
Cons
  • Requires modernization to maximize value
  • No exterior space or terrace
  • Single bathroom may limit appeal for larger households
Description

Exclusive large-sized home with castle views on Alicante's Rambla – unique potential in a premium location. In the most authentic and vibrant heart of Alicante, where the city breathes history, light, and life, lies this extraordinary property that leaves no one indifferent. Located on the prestigious Rambla de Méndez Núñez, this spacious home represents an exceptional opportunity to create a truly unique residence or develop a high-value investment in one of the most sought-after areas of the city center. With a generous built area of 201 m², this property offers a solid and versatile foundation for designing custom spaces. Currently distributed into four bedrooms, a spacious living room filled with natural light, a full bathroom, a guest toilet, and an independent kitchen, it allows for multiple configurations adapted to contemporary lifestyles or highly profitable projects. Existing elements, such as its vintage-style appliances, add character and open the door to design proposals with personality. Situated in a distinguished building with elegant common areas, the property conveys a sense of distinction and class from the outset. Additionally, it offers the convenience of direct elevator access to the public underground parking, where a space can be rented. One of its greatest attractions is the open views that connect with the essence of Alicante: the imposing Santa Bárbara Castle and the urban dynamism become the daily backdrop, adding emotional value and uniqueness to the home. The location is, simply put, unbeatable. Living on the Rambla means enjoying the city at its fullest: boutiques, top-tier gastronomy, charming cafes, and all services at your doorstep. Just a few minutes' walk away are the Central Market, the marina, and the iconic Postiguet beach, where the Mediterranean becomes part of the lifestyle. All of this is accompanied by a wide range of cultural offerings, events, and leisure activities throughout the year. This property is not just an apartment; it's an opportunity to create something exceptional at one of Alicante's most coveted addresses. Ideal for those seeking an exclusive residence as well as for investors who value location, space, and potential.

Features
Elevator
Air Conditioning
Parking
Fitted Wardrobes
Investment Summary
Purchase Price €415,000
Taxes (ITP 10%) + €41,500
Notary Fees + €3,486
Registry Fees + €1,328
Gestoría Fees + €1,245
Valuation + Other + €339

Total Investment €462,898
Est. Monthly Rent €2,630/mo
Est. Annual Rent €31,560/yr

Est. Yield 6.82%
Days on Market
1
First seen
2026-03-29
View on Idealista