Active ID: 98682044 Casco Histórico

Flat / apartment for sale in Rambla de Méndez Núñez

3 Bed • 2 Bath • 196 m² • Floor 0

€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, beach, and transit, offering strong appeal for high-end tenants or long-term residents."

Negotiation Leverage Balanced
Value Add Modernize bathrooms and kitchen to maximize rental yield
Pros
  • Prime historic city center location with excellent amenities and transport links
  • Large, well-distributed layout with high-end original features
  • Strong rental demand and attractive estimated gross yield (~6%)
Cons
  • No parking or storage included, limiting appeal to some tenants
  • High community fees (€410/quarter) and property taxes
  • Potential need for modernization to achieve premium rents
Description

Exterior housing in a historic and emblematic building in the city of Alicante. 196 square meters built, in which the day and night areas are well differentiated. 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 house is armored. Interior carpentry with solid oak passage doors, those of the living room and kitchen with stained glass. Oak parquet flooring. The wardrobe doors are cherry wood. Exterior carpentry in well-preserved original wood. High ceilings with decorative molding. Kitchen equipped with appliances; extractor hood, ceramic hob and gas water heater, oven. Surrounded by services; Wide cultural, leisure and human relations offer; Promenade full of life and restoration; Cafes, Restaurants. Theater, Pharmacies, Central Market, Hairdressers, Banks, Health Center, Hotels, Supermarkets. 1km from EL POSTIGUET beach The building has a physical doorman. Elevator: yes. Lobby adapted for people with reduced mobility. Garage/Parking: no. Storage room: no. Furnished: no. Community fees: €410 /quarter IBI: €561 Garbage: €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 (local tram). Next to a taxi stop.

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
119
First seen
2025-12-16
View on Idealista