AN INVESTMENT OPPORTUNITY IN THE HEART OF THE OLD TOWN - Church Views
Altea, Alicante province
430,000 € Updated 9 days ago
245 m² built, 6 bedrooms, 3 bathrooms, 175 m² plot, garage (private)
For sale 6 bedrooms town house in Altea
Two dwellings. Three street-facing façades. Exceptional potential to create something truly special.
An exciting opportunity for investors, developers and visionaries to transform a substantial two-storey building into a standout property in the heart of the historic old town.
With 114 m² per floor, two independent dwellings and an impressive corner position, this property offers outstanding versatility and the potential to create a highly desirable residential or commercial destination.
Its privileged location along one of the old town’s main streets, with three façades providing excellent visibility, makes it particularly attractive for a range of concepts. Imagine a stylish boutique guesthouse, charming tourist accommodation, a characterful restaurant or café with an outdoor terrace, or an innovative mixed-use project combining commercial space with private living.
The property also benefits from valuable outdoor areas, including a private ground-level space suitable for parking or a terrace, plus an upper terrace enjoying open views of the church, historic rooftops and surrounding mountains — a setting full of authentic character and Mediterranean charm.
A true blank canvas, ready for a complete transformation. The building requires a major refurbishment, including structural work and the replacement or reinforcement of several beams. For the right buyer, this presents an opportunity to rethink the layout, introduce a fresh architectural vision and create a property tailored to today’s market and their own investment strategy.
Rather than paying a premium for someone else’s renovation, you have the freedom to shape the concept, finishes and functionality from the ground up, subject to technical feasibility and the relevant permissions.
Properties combining this scale, prominent positioning, outdoor space and multiple-use potential are increasingly difficult to find in established historic centres.
See the potential. Create the vision. Unlock the value.
Whether you are looking to develop a distinctive hospitality business, create an exceptional residential project or secure a character property with significant value-add potential, this is an opportunity worth exploring.
An investment for those who can see beyond the renovation and recognise the possibilities.
All proposed uses, structural alterations and development options are subject to technical assessment, planning regulations and the relevant licences and permissions.
Property Details
- ES-ALT-019675
- Town House
- 6 Bedrooms
- 3 Bathrooms
- 245 m² Built
- 175 m² Plot
- Garage (Private)
- Amenities near
- Close to shops
- Mountain view
- Panoramic view
- Renovation Needed
- Street view
- Urban view
Price, costs & taxes
| Asking price | 430,000 € |
|---|---|
| Built m² | 245 m² |
| Price per m² Built | 1.755 € |
| IBI | 500 € / year |
The sale price does not include expenses and taxes. Additional costs for the buyer: registration and notary fees, ITP (Transfer Tax) or in its absence VAT, and AJD (Stamp Duty) on new properties and subject to some requirements to be met. These costs and taxes are different depending on the province / autonomous community where the property is located and even on certain specific aspects of the buyer. All details and information sheet are available upon request from Blue Square. This information is subject to errors, omissions, modifications, prior sale or withdrawal from the market.
About the building
| Year Built | 1900 |
|---|---|
| Property type | Town House |
| EPC | In Progress |
Listing agent
Blue Square Real Estate agents in Altea +34 965 02 09 33
Location
- Altea
- Alicante province
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