Valencia, Alicante, Torrevieja, Spain
- PROPERTY TYPE
Apartment
- BEDROOMS
6
- BATHROOMS
2
- SIZE
2,099 sq ft
195 sq m
Key features
- A/C Air Conditioning
- Balcony
- Orientation - West
- Solarium
Description
An excellent investment opportunity is presented in the heart of Torrevieja: a complete building comprising a ground floor and first floor, located just 100 metres from the Town Hall and 400 metres from the beach. Its prime central location, surrounded by all amenities, shops, restaurants and transport links, makes it an ideal asset for both residential use and property development.
Property Distribution
Ground Floor
The ground floor offers 98 m² of built area on a 108 m² plot. It requires full refurbishment, providing the perfect opportunity for the buyer to design and customise the space to their needs. The layout includes:
- 3 bedrooms
- 1 bathroom
- An internal patio of approximately 10 m², which brings natural light and ventilation into the property
First Floor
The first floor benefits from an independent entrance, adding value and flexibility. The property was refurbished in 2007, offering a good standard of living with potential for further improvement or modernisation. It features:
- Built area of 92 m²
- 3 bedrooms
- 1 bathroom
- Utility/gallery area
- 3 m² storage room
- Spacious private solarium of 90 m², ideal for enjoying the Mediterranean climate
Location & Investment Potential
The building is located in a well-established area with all services within walking distance, ensuring strong demand for both rental and resale following redevelopment.
Purchase Options
Several purchase options are available:
- Joint sale: Both units at €300,000 each (€600,000 total), ideal for developers or investors.
- Part-exchange option: €320,000 plus one residential unit from the future development delivered by the developer.
A unique opportunity to develop a property project in one of the most sought-after areas of the Costa Blanca, with strong potential for capital growth!
Valencia, Alicante, Torrevieja, Spain
NEAREST AIRPORTS
Distances are straight line measurements- Murcia-Corvera(International)22.5 miles
- Alicante(International)23.0 miles
Advice on buying Spanish property
Learn everything you need to know to successfully find and buy a property in Spain.
Notes
This is a property advertisement provided and maintained by Your Dream Home, Costa Blanca (reference MLSC7489697) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.