Active ID: 108854731 Centro Tradicional

Flat / apartment for sale in Rambla de Méndez Núñez

3 Bed • 2 Bath • 201 m² • Floor 4

€415,000

AI Analyst
Long-term Rental

"Spacious 201 m² flat in Alicante’s Centro Tradicional offers three bedrooms, central heating, and modern amenities. Its prime location and large floor plan present strong rental appeal, though the kitchen requires conversion from laboratory use."

Negotiation Leverage Balanced
Value Add Convert kitchen back to residential use and update finishes for modern appeal.
Pros
  • Prime city center location with strong rental demand
  • Large floor area and three double bedrooms
  • Building with elevator, security, and central heating
Cons
  • Kitchen currently not configured for residential use
  • High community fees (€650/quarter) impact net yield
  • No exterior views or terrace, limiting premium rental potential
Description

Floor 4th, flat total surface area 201,12 m², usable floor area 150 m², double bedrooms: 3, 2 bathrooms, air conditioning (hot and cold), age between 30 and 50 years, built-in wardrobes, lift, heating (central), ext. woodwork (aluminum), internal carpentry (madera), kitchen (hoy trasformada en laboratorio), dining room, state of repair: in good condition, community fees: over 100€ 650€ trimestrales, utility room, neighbours per floor: 2, floor no. : 1, facing east, automatic door phone, reinforced door, security system (coserje), sunny, lands: stoneware, double glazing, pets not accepted.

Features
Elevator
Air Conditioning
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 €2,200/mo
Est. Annual Rent €26,400/yr

Est. Yield 5.7%
Days on Market
195
First seen
2025-10-08
View on Idealista