Active
ID: 112217924
Casco Histórico
Flat / apartment for sale in Rambla de Méndez Núñez, 40
4 Bed • 4 Bath • 250 m² • Floor 4
€850,000
AI Analyst
Coliving"Prime 250m² luxury apartment on Alicante’s Rambla de Méndez Núñez, featuring 4 bedrooms, 4 baths, terrace, elevator, and high-end finishes. Strong rental potential and rare central location make this a compelling investment opportunity."
Negotiation
Leverage
Balanced
Value Add
None - Turnkey
Pros
- •Large 250m² layout ideal for multiple tenants or families
- •Luxury finishes and prime city center location
- •Terrace and elevator enhance tenant appeal
Cons
- •No parking included, which may deter some tenants
- •High price point limits yield upside
- •No tourist license, restricting short-term rental options
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
€4,433/mo
Est. Annual Rent
€53,200/yr
Est. Yield
5.61%
Low
(3 Comps)
Days on Market
49
First seen
2026-08-23