Active ID: 112078196 Centro Tradicional

Flat / apartment for sale in Rambla de Méndez Núñez Nn

4 Bed • 2 Bath • 165 m² • Floor 2

€650,000

AI Analyst
Holiday Rental

"Fully renovated, centrally located Alicante hostel with five en-suite guest rooms and a premium terrace suite, offering immediate operational potential and strong appeal to tourists and business travelers seeking modern, private accommodations."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Turnkey operation with recent full renovation and hostel license in place
  • Prime city center location near transport, amenities, and tourist attractions
  • All rooms feature private en-suite bathrooms, supporting premium pricing and high occupancy
Cons
  • High entry price relative to local residential yields
  • Potential regulatory risks for short-term rentals/hostels in city centers
  • Dependence on tourism sector exposes income to seasonal and macroeconomic volatility
Description

We are pleased to present an outstanding investment opportunity in the very heart of Alicante: a property offering approximately 170 m² of built area, fully renovated and benefiting from a recently granted HOSTEL license, ready to begin operations from day one. This is a real estate asset specifically designed for the hospitality sector, where every aspect of the renovation has been carefully planned to maximize profitability while meeting the growing demand for private guest rooms with en-suite bathrooms—currently one of the most sought-after accommodation formats among tourists, business travelers, and both domestic and international visitors. The property is arranged entirely on a single floor and features a spacious central corridor providing convenient and independent access to each room, ensuring both comfort and privacy for guests. The establishment offers five guest rooms, each designed with its own private en-suite bathroom, a key feature that clearly distinguishes it from traditional guesthouses. Private bathrooms are now considered one of the most important amenities by modern travelers, allowing higher occupancy rates, greater guest satisfaction, and increased revenue per room. The property has undergone a complete renovation, with every element carefully upgraded to create a modern, efficient, and fully operational establishment requiring no additional investment. Floors, walls, plumbing, electrical installations, and all essential systems have been completely renewed, ensuring compliance with modern standards and providing a turnkey business opportunity. Among the five rooms, the main exterior room stands out as the property's premium accommodation. Thanks to its privileged position, it enjoys spectacular panoramic views over Alicante's main avenues and benefits from a generous balcony/terrace where guests can experience the city's vibrant atmosphere from a front-row perspective. Throughout the year, they will be able to enjoy Alicante's most important events, including parades, festivals, and public celebrations, making this room especially attractive and capable of generating significantly higher revenue than the others. One of the property's greatest strengths is undoubtedly its exceptional location. Situated on Alicante's iconic Rambla, the hostel is surrounded by every service a visitor may require. Alicante's main RENFE railway station is just a short walk away, providing excellent national rail connections, while the direct airport bus stop is only a few steps from the building, offering fast and convenient access to Alicante International Airport for both domestic and international travelers. The surrounding area offers an extensive selection of restaurants, cafés, shops, supermarkets, pharmacies, banks, leisure facilities, cultural venues, theatres, and all the amenities that make this one of Alicante's most desirable locations. Its proximity to the historic city centre, marina, Explanada promenade, urban beaches, and the city's main tourist attractions further enhances the property's appeal and supports consistently high occupancy levels throughout much of the year. The continued growth of tourism in Alicante, together with the increasing demand for quality accommodation featuring private rooms with en-suite bathrooms, makes this property an outstanding investment opportunity for buyers seeking to achieve high annual profitability.

Features
Elevator
Terrace/Balcony
Air Conditioning
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 €1,997/mo
Est. Annual Rent €23,962/yr

Est. Yield 3.31%
Days on Market
0
First seen
2026-07-25
View on Idealista