Active ID: 112433444 Centro Tradicional

Flat / apartment for sale in Rambla de Méndez Núñez

5 Bed • 2 Bath • 149 m² • Floor 2

€600,000

AI Analyst
Long-term Rental

"Prime 5-bedroom apartment on Rambla Méndez Núñez offers rare scale and modern finishes in Alicante’s city center, with strong appeal for both families and professional tenants seeking premium urban living."

Negotiation Leverage Balanced
Value Add Minor cosmetic upgrades or conversion to coliving for higher yield
Pros
  • Exceptional central location with high tenant demand
  • Turnkey condition—recently renovated kitchen and bathrooms
  • Flexible layout suitable for families or professional sharers
Cons
  • Gross rental yield (~3.7%) is below typical investor targets
  • Optional parking incurs extra cost, limiting appeal to some tenants
  • Potential for noise due to central, high-traffic location
Description

Elegance, spaciousness, and location in the heart of Alicante There are homes that stand out for their location and others for their spaciousness. This one combines both qualities at one of the most iconic addresses in Alicante: **Rambla Méndez Núñez**. Located right in the city center, this magnificent home offers the convenience of having all services within reach: shops, supermarkets, restaurants, schools, public transport, and a wide range of leisure activities, all just a few minutes' walk away. The property features **five bedrooms**, an ideal layout for both large families and those who need independent spaces for remote work, study, or creating a guest area. Two of the bedrooms are exterior and have a balcony, providing excellent natural light and pleasant views of the urban surroundings. The remaining three bedrooms face a quiet communal interior courtyard, ensuring a peaceful environment perfect for rest. The heart of the home is its **spacious and bright living-dining room**, a cozy and versatile space, ideal for enjoying family gatherings, sharing meals, or simply relaxing at the end of the day. The **independent kitchen**, modern, functional, and fully equipped, has been designed to offer maximum daily comfort and has **direct access to a practical utility/laundry room**, providing a very useful extra space. The home has **two full bathrooms**, both renovated, as is the kitchen, so you can move in without the need for any renovations. The **natural wood floors** add warmth and elegance to all rooms, while the **air conditioning system with a heat pump** ensures maximum comfort throughout the year. In addition, it has excellent storage space thanks to **five built-in wardrobes**: two located in the bedrooms and three others distributed between the entrance and the hallway, a feature especially valued in city center homes. The property also offers the possibility of acquiring **an optional parking space**, an especially interesting advantage for those looking for the convenience of having private parking in the heart of Alicante. A property with infinite possibilities, perfect as a primary residence, professional office, or even as an investment, thanks to its spaciousness, layout, and extraordinary location. Living on **Rambla Méndez Núñez** means enjoying the authentic center of Alicante, with the city at your feet and everything you need for day-to-day life just a few steps from home. If you are looking for a spacious, bright, functional home with personality in the center of Alicante, this is an opportunity worth visiting. **Contact us for more information or to arrange a visit. We will be delighted to show you your next home.** NOTE: For properties for sale, the advertised sale price does not include PROPERTY TRANSFER TAX, NOR NOTARY AND REGISTRY EXPENSES.

Features
Elevator
Terrace/Balcony
Air Conditioning
Parking
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €600,000
Taxes (ITP 10%) + €60,000
Notary Fees + €5,040
Registry Fees + €1,920
Gestoría Fees + €1,800
Valuation + Other + €339

Total Investment €669,099
Est. Monthly Rent €1,867/mo
Est. Annual Rent €22,400/yr

Est. Yield 3.35%
Days on Market
0
First seen
2026-09-07
View on Idealista