Active
ID: 111067158
Centro Tradicional
Flat / apartment for sale in Calle del Médico Pascual Pérez, 24
4 Bed • 2 Bath • 184 m² • Floor 8
AI Analyst
Long-term Rental"Spacious 4-bedroom apartment in Alicante’s Centro-Tradicional, featuring a renovated kitchen, balcony with open views, and garage parking. Prime central location and large floorplan offer strong appeal for families or professional tenants."
Negotiation
Leverage
Balanced
Value Add
Update bathrooms and modernize finishes for premium rental yield
Pros
- •Prime city center location with high rental demand
- •Large 184 m² layout suitable for families or sharers
- •Includes garage space, rare in central Alicante
Cons
- •Rental yield is moderate relative to price
- •Potential for higher vacancy due to premium rent segment
- •Older building may require ongoing maintenance
Description
Apartment in the center of Alicante 4 bedrooms and 2 bathrooms Spacious living-dining room with a balcony and unobstructed views. Renovated kitchen with a utility room.
Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price
€500,000
+ Fees & Taxes
+ €57,639
Taxes (ITP 10%)
+ €50,000
Notary Fees
+ €4,200
Registry Fees
+ €1,600
Gestoría Fees
+ €1,500
Valuation + Other
+ €339
Total Investment
€557,639
Est. Monthly Rent
€2,390/mo
Est. Annual Rent
€28,680/yr
Est. Yield
5.14%
High
(20 Comps)
Days on Market
181
First seen
2026-04-07