Active
ID: 112217924
Casco Hist├│rico
Flat / apartment for sale in Rambla de Méndez Núñez, 40
4 Bed • 4 Bath • 250 m² • Floor 4
€850,000
AI Analyst
Long-term Rental"Prime 250 m² luxury apartment on Rambla de Méndez Núñez offers rare central Alicante exposure, high-end finishes, and strong rental demand, making it a compelling asset for investors seeking stable, upscale urban returns."
Negotiation
Leverage
Balanced
Value Add
Minor cosmetic upgrades to maximize rental appeal
Pros
- •Prestigious central location with high tenant demand
- •Large floor plan suitable for premium tenants or families
- •Luxury finishes and desirable amenities (terrace, elevator, exterior)
Cons
- •High entry price limits yield potential
- •Potential vacancy risk in luxury segment during downturns
- •Limited value-add opportunities due to already high specification
Description
Spectacular home on the best avenue in the center of Alicante. Luxury qualities.
Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price
€850,000
+ Fees & Taxes
+ €97,749
Taxes (ITP 10%)
+ €85,000
Notary Fees
+ €7,140
Registry Fees
+ €2,720
Gestoría Fees
+ €2,550
Valuation + Other
+ €339
Total Investment
€947,749
Est. Monthly Rent
€3,900/mo
Est. Annual Rent
€46,800/yr
Est. Yield
4.94%
Low
(2 Comps)
Days on Market
4
First seen
2026-08-23