Active ID: 112386593 Casco Hist├│rico

Flat / apartment for sale in Rambla de Méndez Núñez

4 Bed • 2 Bath • 201 m² • Floor 4

€415,000

AI Analyst
Long-term Rental

"Prime 201 m² apartment in Alicante’s historic center with castle views offers rare scale and location, ideal for bespoke luxury renovation or high-end rental. Strong fundamentals for value creation in a supply-constrained, prestigious urban market."

Negotiation Leverage Balanced
Value Add Full interior modernization to contemporary standards; potential to reconfigure layout for premium rental or resale.
Pros
  • Exceptional central location on Rambla de Méndez Núñez, near major amenities and attractions
  • Large, flexible floorplan (201 m²) suitable for luxury or multi-tenant configurations
  • Open castle views and direct elevator access to parking enhance appeal
Cons
  • Requires significant modernization to meet premium rental or resale standards
  • No exterior space (terrace/balcony) limits appeal for some tenants or buyers
  • Single bathroom plus guest toilet may be suboptimal for 4-bedroom layout
Description

Exclusive large-sized residence with views of the Castle on the Rambla of Alicante – unique potential in a premium location. In the most authentic and vibrant heart of Alicante, where the city breathes history, light, and life, lies this extraordinary property that leaves no one indifferent. Located on the prestigious Rambla de Méndez Núñez, this spacious home represents an exceptional opportunity to create a truly unique residence or develop a high-value investment in one of the most sought-after areas of the city center. With a generous built area of 201 m², this property offers a solid and versatile foundation for designing bespoke spaces. Currently distributed into four bedrooms, a large living room filled with natural light, a full bathroom, a guest toilet, and an independent kitchen, it allows for multiple configurations adapted to contemporary lifestyles or high-profit projects. Existing elements, such as its vintage-style appliances, add character and open the door to design proposals with personality. Situated in a representative building with elegant common areas, the property conveys a sense of distinction and class from the very first moment. Furthermore, it features the convenience of direct elevator access to the public underground parking, where a space can be rented. One of its greatest attractions is the open views that connect with the essence of Alicante: the imposing Santa Bárbara Castle and the urban dynamism become the daily backdrop, adding emotional value and uniqueness to the home. The location is, quite simply, unbeatable. Living on the Rambla means enjoying the city at its finest: boutiques, top-tier gastronomy, charming cafes, and all services at street level. Just a few minutes' walk away are the Central Market, the marina, and the iconic Postiguet beach, where the Mediterranean becomes part of the lifestyle. All this is accompanied by a wide range of cultural offerings, events, and leisure activities throughout the year. This property is not just an apartment; it is an opportunity to create something exceptional at one of the most coveted addresses in Alicante. Ideal both for those seeking an exclusive residence and for investors who value location, spaciousness, and potential.

Features
Elevator
Air Conditioning
Parking
Fitted Wardrobes
Investment Summary
Purchase Price €415,000
Taxes (ITP 10%) + €41,500
Notary Fees + €3,486
Registry Fees + €1,328
Gestoría Fees + €1,245
Valuation + Other + €339

Total Investment €462,898
Est. Monthly Rent €2,130/mo
Est. Annual Rent €25,560/yr

Est. Yield 5.52%
Days on Market
5
First seen
2026-08-27
View on Idealista