Active ID: 112249705 Casco Hist├│rico

Flat / apartment for sale in Rambla de Méndez Núñez, 40

4 Bed • 2 Bath • 200 m² • Floor 4

€430,000

AI Analyst
Long-term Rental

"Prime 200 m² property in Alicante’s historic center, offering dual entrances and panoramic views, with flexible use as a luxury residence, two flats, or commercial space. Strong location and conversion potential underpin its investment appeal."

Negotiation Leverage Balanced
Value Add Convert to two modern residential units or luxury single residence; update interiors for premium rental or resale.
Pros
  • Exceptional central location with landmark views
  • Flexible layout for residential or commercial use
  • Direct garage access and prestigious building amenities
Cons
  • High price per m² for the area
  • Requires significant renovation for residential use
  • Rental yield below typical investor targets
Description

Exclusive 200 m² property located in the heart of Alicante, opposite the Bank of Spain and facing the Plaza de San Cristóbal, one of the most representative and sought-after locations in the city center. Formerly two independent properties, they are currently unified and equipped as a medical-surgical clinic, offering great potential to continue professional activity or to easily transform it into a spectacular residence or two independent homes. It features two entrances, spacious areas, excellent views of the Santa Bárbara Castle, the Rambla, and the Plaza de San Cristóbal, as well as an elegant building with a grand stately hall, three elevators, and direct access to the parking garage. Just a few minutes' walk from the Explanada, the Port, and Postiguet Beach. A unique property due to its location, spaciousness, and multiple possibilities for use.

Features
Elevator
Air Conditioning
Parking
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €430,000
Taxes (ITP 10%) + €43,000
Notary Fees + €3,612
Registry Fees + €1,376
Gestoría Fees + €1,290
Valuation + Other + €339

Total Investment €479,617
Est. Monthly Rent €2,130/mo
Est. Annual Rent €25,560/yr

Est. Yield 5.33%
Days on Market
4
First seen
2026-08-23
View on Idealista