Active ID: 98682044 Casco Histórico

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 housing in a historic and emblematic building in the city of Alicante. 196 sq. m. built, with a clear distinction between the day and night areas. It consists of a spacious entrance hall, living-dining room, kitchen, three bedrooms, and two bathrooms, one of them en-suite. Gallery. Balcony. The entrance door to the home is armored. Interior carpentry with solid oak passage doors, those in the living room and kitchen with stained glass. Oak parquet flooring. Cherry wood closet doors. Original wooden exterior 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 cultural, leisure, and social offerings; A lively promenade with restaurants, cafes, restaurants. Theater, Pharmacies, Central Market, Hairdressers, Banks, Health Center, Hotels, Supermarkets. 1 km from EL POSTIGUET beach. The building has a doorman. Elevator: yes. Porter's lodge adapted for people with reduced mobility. Garage/Parking: no. Storage room: no. Furnished: no. Community fees: €410/quarter. IBI (Property Tax): €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 (commuter tram). Next to the taxi stand. * The indicated price does not include the expenses and taxes inherent to the acquisition, which are detailed 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 the property). The tax is levied on the Cadastral Reference Value or the sale price, whichever is higher. - Notary Fees: Fees will be calculated according to the official tariff regulated in Annex I of Royal Decree 1426/1989. - Registry Fees: Registration will be invoiced according to the official tariff established in Annex I of Royal Decree 1427/1989. - Gestoria Fees: Fees for administrative processing, tax settlement, and registration are calculated between €300/€400 (VAT included). - Agency Fees: Borne by the owner. - For more information on ITP tax rates and bonuses, 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
176
First seen
2025-12-16
View on Idealista