Active ID: 98682044 Casco Hist├│rico

Flat / apartment for sale in Rambla de Méndez Núñez

3 Bed • 2 Bath • 196 m²

€950,000

AI Analyst
Long-term Rental

"Spacious 196 m² apartment in Alicante’s historic center, featuring high ceilings, original woodwork, and modern amenities. Prime location near cultural attractions and beach, offering strong rental appeal for long-term tenants or professionals."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms to maximize rental yield
Pros
  • Prime historic city center location with excellent transport links
  • Large, well-preserved period features and high ceilings
  • Strong rental demand due to proximity to amenities and beach
Cons
  • No parking or storage included, limiting appeal to some tenants
  • High community fees (€410/quarter) impact net yield
  • Kitchen and bathrooms may require modernization for premium rents
Description

Exterior property in a historic and iconic building in the city of Alicante. 196 built square meters in which the day area is clearly differentiated from the night area. It consists of a large entrance hall, living-dining room, kitchen, three bedrooms, and two bathrooms, one of them en suite. Gallery. Balcony. The entrance door to the property is armored. Interior carpentry features solid oak passage doors, with glass panels in the living room and kitchen doors. Oak parquet flooring. Cherry wood wardrobe doors. Original exterior wood carpentry, well-preserved. High ceilings with decorative molding. Kitchen equipped with appliances: extractor hood, ceramic hob, gas water heater, and oven. Surrounded by services; wide range of cultural, leisure, and social options; a lively promenade full of restaurants; cafes, restaurants, theater, pharmacies, Central Market, hair salons, banks, health center, hotels, supermarkets. 1 km from EL POSTIGUET beach. The building has a full-time doorman. Elevator: yes. Entrance adapted for people with reduced mobility. Garage/Parking: no. Storage room: no. Furnished: no. Community fees: €410/quarter. Property tax (IBI): €561. Trash collection tax: €50. Well-connected; bus lines 10, 11, 22, and C-6, the latter connecting to EL ALTET International Airport. A few meters from the TRAM station (commuter tram). Next to a taxi stand. * The indicated price does not include the expenses and taxes inherent to the acquisition, which are broken down below: - Property Transfer Tax (ITP): The tax rate in force in the Valencian Community will be applied (generally 10%, without prejudice to reduced rates of 8%, 6%, 4%, and 3% depending on the personal circumstances of the buyer or those of the property). The tax is accrued on the Cadastral Reference Value or the sale price, whichever is higher. - Notary Expenses: Fees will be calculated according to the official tariff regulated in Annex I of R. D. 1426/1989. - Registry Expenses: Registration will be billed according to the official tariff established in ANNEX I of R. D. 1427/1989. - Administrative Agency Expenses: Fees for administrative processing, tax settlement, and registration are calculated between €300/400 (VAT included). - Agency Fees: Paid by the owner. - For more information on tax rates and ITP deductions, you can consult the official portal of the Valencian Tax Agency.

Features
Elevator
Terrace/Balcony
Air Conditioning
Parking
Exterior
Investment Summary
Purchase Price €950,000
Taxes (ITP 10%) + €95,000
Notary Fees + €7,980
Registry Fees + €3,040
Gestoría Fees + €2,850
Valuation + Other + €339

Total Investment €1,059,209
Est. Monthly Rent €4,733/mo
Est. Annual Rent €56,800/yr

Est. Yield 5.36%
Days on Market
229
First seen
2025-12-16
View on Idealista