Active ID: 111724010 Mercado

Flat / apartment for sale in Calle José Gutiérrez Petén

3 Bed • 1 Bath • Floor 1

€425,000

AI Analyst
Long-term Rental

"Historic 3-bedroom apartment in central Alicante offers unique period features, high ceilings, and dual living spaces, but lacks an elevator and requires modernization to unlock full investment value."

Negotiation Leverage Balanced
Value Add Renovate kitchen and bathroom, restore original features, improve energy efficiency
Pros
  • Prime central location near Mercado and amenities
  • Distinctive period architecture with high ceilings and original details
  • Low community fees and quiet building with few neighbors
Cons
  • No elevator, which limits tenant pool and resale appeal
  • Requires significant renovation to meet modern standards
  • Uncertain rental yield due to lack of market rent data
Description

Lordly style housing in the center of Alicante, from the year 1910, with the traditional touch of past times, ceilings of 3.30 cm high, hydraulic floors and original doors. 1st floor WITHOUT ELEVATOR. Living-dining room with bay windows facing the street, a second living-dining room, equipped kitchen with gallery, 3 bedrooms and 1 bathroom. It has an additional house within the dwelling, with a living room, kitchen, bathroom and a very original wooden raised bed. As seen in the photos, it can be renovated to personal taste or moved into and enjoy the historic and memorable design, with its antique lamps and ornaments. With plenty of natural light and a cozy atmosphere. With only one neighbor per floor, the building is very quiet and in good condition, with the entrance also in a lordly and original style of yesteryear. Surrounded by all kinds of shops and services, public transport stops of several lines and a step away from the central market. Community €8 per month. Ibi €224 annually.

Features
Elevator
Terrace/Balcony
Exterior
Investment Summary
Purchase Price €425,000
Taxes (ITP 10%) + €42,500
Notary Fees + €3,570
Registry Fees + €1,360
Gestoría Fees + €1,275
Valuation + Other + €339

Total Investment €474,044
Est. Monthly Rent €0/mo
Est. Annual Rent €0/yr

Est. Yield 0.0%
Unknown (Estimated)
Days on Market
5
First seen
2026-06-25
View on Idealista