Active ID: 110611272 Centro Tradicional

Flat / apartment for sale in Calle del Médico Pascual Pérez, 30

4 Bed • 2 Bath • 153 m² • Floor 4

€437,000

AI Analyst
Long-term Rental

"Spacious 4-bedroom apartment in Alicante’s prestigious Centro-Tradicional offers strong location fundamentals and significant value-add potential through renovation, making it attractive for investors seeking capital appreciation and stable rental demand."

Negotiation Leverage Balanced
Value Add Full interior modernization (kitchen, bathrooms, finishes) to unlock premium rents and resale value.
Pros
  • Prime city-center location with high demand for rentals and owner-occupiers
  • Large 153 m² layout with 4 bedrooms, suitable for families or professionals
  • Natural light, terrace, and elevator enhance tenant appeal
Cons
  • Requires significant renovation to achieve market-leading rents
  • Yield is moderate relative to price and renovation costs
  • Potential competition from newer or already renovated properties in the area
Description

If you are looking for space, comfort, and a prime location, this apartment is perfect for your family. Located in the heart of Alicante, you will have all services within walking distance—no car needed. The property features 4 spacious bedrooms, ideal for children’s rooms, a home office, or study area, and 2 full bathrooms that ensure everyday convenience. The bright and welcoming living-dining room is perfect for family gatherings, while the separate kitchen offers functionality and ample storage space. A great opportunity to create the home you’ve always wanted in a safe, central, and well-connected area. We are an agency that offers comprehensive renovation services, advising and accompanying you throughout the entire process. Create an elegant home with a Mediterranean touch with us. We offer spacious property located in one of the most prestigious areas of the center of Alicante. The apartment has 4 bedrooms and 2 bathrooms, characterized by large spaces, excellent natural light, and a privileged location. This is a home with character, ideal for renovation and creating an exclusive residence in the city center. Living here means enjoying the atmosphere of Alicante, having all the infrastructure, entertainment, and the sea just a few minutes away. A unique opportunity for those seeking space and a prestigious location with great potential.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €437,000
Taxes (ITP 10%) + €43,700
Notary Fees + €3,671
Registry Fees + €1,398
Gestoría Fees + €1,311
Valuation + Other + €339

Total Investment €487,419
Est. Monthly Rent €1,835/mo
Est. Annual Rent €22,015/yr

Est. Yield 4.52%
Days on Market
19
First seen
2026-02-12
View on Idealista