Active ID: 112451230 Centro Tradicional

Flat / apartment for sale in Calle del Médico Pascual Pérez

3 Bed • 2 Bath • 153 m²

€418,000

AI Analyst
Long-term Rental

"Spacious 153m² apartment in Alicante’s prime Centro-Tradicional, offering strong walkability, proximity to amenities, and flexible layout potential. Move-in ready but requires modernization, making it ideal for value-add investors seeking central city exposure."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms; reconfigure to add third bedroom for higher rental yield.
Pros
  • Prime city center location with excellent access to amenities and transport.
  • Large, flexible layout with potential to add a third bedroom.
  • Well-maintained building with renovated entrance and elevator.
Cons
  • Requires significant updating, especially kitchen and bathrooms.
  • No on-site parking, requiring reliance on nearby garages.
  • Interior bedrooms face light well, limiting natural light and views.
Description

Property located in an excellent area in the heart of Alicante city, with all daily services at street level (no need for a car), next to Mercadona, a variety of shops, and a wide range of restaurants and gastro-bars. It is less than a 2-minute walk from Plaza de la Montañeta, El Corte Inglés, the Principal Theatre of Alicante, TRAM and bus stops, etc.—an endless array of services that will allow you to enjoy the city center as you have always dreamed. The property is move-in ready but requires updating, with enormous potential due to both its spaciousness and its location. The property is not in its original state, as the previous owner renovated it according to their needs and changed the layout; originally it had 4 small bedrooms, and they renovated it to the following layout (although it could be adapted to create a third bedroom): - Large living-dining room facing the main street with several distinct areas: a living area, a dining area, and a final area used as a study or office (which was originally a small balcony that was integrated, providing the home with more usable surface area). - Opposite the living-dining room is a spacious kitchen (which does require updating) with an office area and a pantry. There is also a laundry/drying area. - Two double bedrooms, one of which is a very spacious master bedroom that also features a large walk-in closet. The other bedroom is also spacious with a built-in wardrobe. Both bedrooms face an interior light well of the building, making it a very quiet area without noise. - Two full bathrooms, one of which is en-suite with a double vanity, a Jacuzzi bathtub, and a built-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, featuring a large elevator with double doors. There are only two neighbors per floor. It does NOT have a parking space, but there are a variety of spaces for sale and rent in the area, as well as several parking garages that offer a variety of monthly passes. FOR LOVERS OF THE CITY CENTER, DO NOT MISS THIS OPPORTUNITY TO DESIGN AND ENJOY YOUR NEW HOME. Buy with us with total peace of mind; we advise you and take care of everything from beginning to end. We accompany you every step of the way so that you buy with security, without doubts or costly mistakes. We help you get the best financing, by your side step by step so that you buy with security. We verify that everything is correct before you sign. We take care of all the paperwork, verifying that everything is correct (earnest money, notary, registry, utility changes, etc.), YOU ONLY HAVE TO WORRY ABOUT CHOOSING YOUR NEW HOME. Legal note: The indicated price does not include the expenses derived from the sale (taxes, notary, registry, and management). - - - - - - - - - - - - - - - - - - HABIKA Real Estate - - - - - - - - - - - - - - - - - -.

Features
Elevator
Air Conditioning
Parking
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €418,000
Taxes (ITP 10%) + €41,800
Notary Fees + €3,511
Registry Fees + €1,338
Gestoría Fees + €1,254
Valuation + Other + €339

Total Investment €466,242
Est. Monthly Rent €2,055/mo
Est. Annual Rent €24,658/yr

Est. Yield 5.29%
Days on Market
0
First seen
2026-09-07
View on Idealista