Active ID: 110627036 Mercado

Flat / apartment for sale in Calle José Gutiérrez Petén

2 Bed • 1 Bath • 124 m² • Floor 3

€240,000

↓ 2.0% from €245,000
€240,000 2026-02-25
€245,000 2026-02-16
AI Analyst
Long-term Rental

"Spacious 124 m² apartment in central Alicante, adjacent to the Central Market, offers open city and castle views, multiple terraces, and significant renovation potential for value creation or flexible rental strategies."

Negotiation Leverage Balanced
Value Add Full interior renovation to modern standards; potential reconfiguration to add bedrooms/bathrooms
Pros
  • Prime central location near Central Market and amenities
  • Large, bright layout with terraces and open views
  • Significant upside through renovation and reconfiguration
Cons
  • Requires complete renovation, increasing upfront capital outlay
  • Currently only two bedrooms, limiting rental yield unless reconfigured
  • Potential for construction disruption and permit delays
Description

Best House Alicante Vistahermosa presents this fantastic apartment located in one of the most central areas of Alicante, next to the Central Market. It is a spacious and very bright home, with 124 m2 built and 108 m2 of usable area, which is distributed in a large living room with open views of the city and Santa Bárbara Castle, two bedrooms, a full bathroom and a second living room integrated with the kitchen, as well as several terraces that provide light and spaciousness to the home. It is important to highlight that the apartment is completely to be renovated, which offers multiple redistribution possibilities, even allowing the creation of more bedrooms and/or bathrooms, adapting it completely to the buyer's needs. It's best to visit it! This property is ideal both for a primary residence and for investment, either to renovate and rent out or for a subsequent resale after renovation (flipping). Contact us today and discover how this apartment can become the home of your dreams or a profitable investment. The indicated price does not include: 1) Taxes derived from the acquisition. In the Valencian Community, ITP (Property Transfer Tax) currently at 10% and AJD (Documented Legal Acts) at 1.5% on the value of the acquired property or the cadastral reference value is generally applied, with the buyer being the taxpayer. For possible reduced rates, consult the electronic headquarters of the Valencian Tax Agency (ATV). 2) Notary and Property Registry fees are calculated according to official tariffs. 3) Management fees: approximately €350–400, corresponding to administrative processing, tax settlement, and registration, depending on the management company chosen by the buyer. Agency fees are included in the price. This property description and information are purely informative and do not constitute a binding offer, and may be subject to errors or omissions.

Features
Elevator
Terrace/Balcony
Air Conditioning
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €240,000
Taxes (ITP 10%) + €24,000
Notary Fees + €2,016
Registry Fees + €768
Gestoría Fees + €720
Valuation + Other + €339

Total Investment €267,843
Est. Monthly Rent €1,276/mo
Est. Annual Rent €15,315/yr

Est. Yield 5.72%
Days on Market
51
First seen
2026-02-16
View on Idealista