Active ID: 111367348 Centro Tradicional

Flat / apartment for sale in Calle del Médico Pascual Pérez

2 Bed • 2 Bath • 153 m² • Floor 3

€429,900

AI Analyst
Long-term Rental

"Spacious 153 m² apartment in Alicante’s city center offers strong location fundamentals, flexible layout (potential for 3 bedrooms), and immediate access to amenities, making it a compelling value-add opportunity for investors seeking urban rental demand."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms; reconfigure to add a third bedroom for higher rental yield
Pros
  • Prime central location with excellent walkability and access to services
  • Large, adaptable floor plan with potential to add value
  • Well-maintained building with elevator and low neighbor density
Cons
  • Requires updates to kitchen and bathrooms
  • Currently only two bedrooms, limiting rental yield without reconfiguration
  • No on-site parking, which may deter some tenants
Description

Housing located in an excellent area and in the very center of Alicante city, with all daily services within walking distance (allowing you to do without a car), next to Mercadona, a variety of shops, a wide range of restaurants and gastro-bars. And less than a 2-minute walk from Plaza de la Montañeta, El Corte Inglés, Alicante's Principal Theater, TRAM and bus stops, etc. , a multitude of services that will allow you to enjoy the city center as you always dreamed. It is ready to move into, but requires an update, with enormous potential, both due to the spaciousness of the rooms and its location. The property is not original, as the previous owner renovated it according to their needs and changed the layout of the house because originally it had 4 small bedrooms and they renovated it leaving the following layout (although it could be adapted to create a third bedroom): - Large living-dining room with views of the main street with several distinct areas, one of them the living area, another the dining area, and a last area used as a study or office (which was originally a small balcony that was integrated, providing the house with more usable surface area). - Opposite the living-dining room is a spacious kitchen (which does require an update) with a breakfast nook and a pantry. Also a laundry area. - Two double bedrooms, one of which would be the master bedroom, very spacious and also has a large walk-in closet. The other bedroom is also spacious with a built-in wardrobe. Both bedrooms overlook a light well in the building, making it a very quiet and noise-free area. - Two full bathrooms, one of them en-suite in the master bedroom with a double sink, a jacuzzi bathtub, and a walk-in shower with multiple shower heads and an exterior window. The other bathroom is in the hallway and has a bathtub. Well-maintained building with a renovated entrance hall, it has a large elevator with a double door. There are only two neighbors per floor. It does NOT have a garage space, but there are various spaces for sale and rent in the area, as well as several parking lots that offer a variety of monthly passes. FOR LOVERS OF THE CITY CENTER, DON'T MISS THIS OPPORTUNITY TO DESIGN AND ENJOY YOUR NEW HOME. Legal notice: The indicated price does not include the expenses derived from the sale and purchase (taxes, notary, registry, and management). - - - - - - - - - - - - - - - - - - HABIKA real estate - - - - - - - - - - - - - - - - - -.

Features
Elevator
Air Conditioning
Parking
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €429,900
Taxes (ITP 10%) + €42,990
Notary Fees + €3,611
Registry Fees + €1,376
Gestoría Fees + €1,290
Valuation + Other + €339

Total Investment €479,505
Est. Monthly Rent €1,747/mo
Est. Annual Rent €20,960/yr

Est. Yield 4.37%
Days on Market
1
First seen
2026-05-10
View on Idealista