Active ID: 111390221 Centro Tradicional

Flat / apartment for sale in Rambla de Méndez Núñez, 21 -23

5 Bed • 2 Bath • 160 m² • Floor 2

€650,000

AI Analyst
Long-term Rental

"Prime central Alicante apartment with 5 rooms, renovated kitchen and bathrooms, and dual balconies offers strong appeal for urban professionals or families seeking space and convenience in a vibrant location."

Negotiation Leverage Balanced
Value Add Upgrade interior finishes and modernize common areas for premium positioning
Pros
  • Exceptional central location with access to all amenities and transport
  • Spacious 160 m² layout with 5 rooms and ample storage
  • Renovated kitchen and bathrooms reduce immediate capex
Cons
  • Gross rental yield (~3.7%) is modest for the market
  • Interior-facing bedrooms may limit natural light and tenant appeal
  • Older building may entail higher maintenance or community fees
Description

Spacious home in the heart of Alicante Discover this magnificent home located in the very center of Alicante, an unbeatable location with all services, shops, and transport at your fingertips. The property has 5 rooms, distributed between 2 exterior rooms (living room and study) and 3 bedrooms that face a quiet communal interior patio, guaranteeing light and comfort. It has 2 full bathrooms and two balconies in the exterior rooms, perfect for enjoying the urban atmosphere. Natural wood floors add warmth to the home, and the kitchen and bathrooms have been renovated. Equipped with hot-cold air conditioning. Additionally, it has built-in wardrobes in two bedrooms and three additional built-in wardrobes in the entrance and hallway, providing excellent storage space. A unique opportunity for those looking for a spacious and characterful home in the center of Alicante. Real estate agencies, please refrain. Sale between individuals.

Features
Elevator
Terrace/Balcony
Air Conditioning
Parking
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €650,000
Taxes (ITP 10%) + €65,000
Notary Fees + €5,460
Registry Fees + €2,080
Gestoría Fees + €1,950
Valuation + Other + €339

Total Investment €724,829
Est. Monthly Rent €2,032/mo
Est. Annual Rent €24,386/yr

Est. Yield 3.36%
Days on Market
109
First seen
2026-05-10
View on Idealista