Active ID: 108900728 Casco Histórico

Flat / apartment for sale in Rb Mendez Nuñez, 38

3 Bed • 2 Bath • 146 m² • Floor 3

€365,000

↓ 2.7% from €375,000
€365,000 2026-04-13
€370,000 2026-03-02
€375,000 2025-12-15
AI Analyst
Long-term Rental

"Prime 4-bedroom apartment in Alicante’s historic center, offering 146 m² of space, terrace, and patio. Excellent location near Explanada and Postiguet beach, with strong potential after renovation for premium rental or resale."

Negotiation Leverage Balanced
Value Add Full interior renovation (kitchen, bathrooms, finishes) to reposition as luxury rental or resale asset.
Pros
  • Exceptional central location near Explanada and beach
  • Large, flexible floor plan with terrace and patio
  • Solid building with elevators and good natural light
Cons
  • Requires significant renovation to reach full potential
  • Older building (1978) may have higher maintenance needs
  • Rental yield is moderate given acquisition and renovation costs
Description

Discover this fantastic home in the heart of Alicante! Located on the emblematic Rambla de Méndez Núñez, next to the famous Explanada, this spacious property of 146 m² built (including common areas) and 110 m² usable, including patio and terrace, offers endless possibilities. Ideal for those looking to invest in a large and attractive space to adapt it to their new home, with enough space for the whole family. The location is unbeatable, just a few steps from the Explanada and Postiguet beach. Imagine enjoying a terrace with views of the vibrant Rambla, perfect for relaxing after a long day. Located in a solid building, built in 1978, it has an attractive and spacious entrance hall, with two elevators, ensuring comfort and accessibility to the different floors, with a distribution of two homes per floor, which gives a greater sense of independence. It is currently used as a professional office, however, NO change of use is required as its qualification in both the Property Registry and the Cadastre is RESIDENTIAL USE AS A DWELLING, having great potential to become, after a complete renovation and the addition of its corresponding kitchen, a luxury home, thanks to its distribution possibilities and spacious interior patio. Its southwest orientation ensures excellent luminosity throughout the day, while the hot/cold pump heating and air conditioning provide a pleasant atmosphere at any time of the year. Don't miss this unique opportunity to live or invest in one of the most sought-after areas near the Explanada and Port of Alicante city. Now is the time.. . take the step! Purchase taxes (ITP) and transfer costs (Notary and Property Registry) are not included in the advertised price. Agency fees are borne by the seller. This advertisement contains real images and some generated by artificial intelligence.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Investment Summary
Purchase Price €365,000
Taxes (ITP 10%) + €36,500
Notary Fees + €3,066
Registry Fees + €1,168
Gestoría Fees + €1,095
Valuation + Other + €339

Total Investment €407,168
Est. Monthly Rent €2,400/mo
Est. Annual Rent €28,800/yr

Est. Yield 6.98%
Days on Market
160
First seen
2025-12-15
View on Idealista