€ 259,000
Townhouse for sale in Muro de Alcoy, Alicante
- 350 m2
- 3
- 2
Description
Investment & development opportunity | House + 2 ground-floor units | Potential for horizontal subdivision
Property with potential for the development of several residential units in Muro de Alcoy
If you are an investor, developer, builder or property professional, this property is certainly worth viewing and assessing from a feasibility perspective.
A property complex comprising a house, two ground-floor units/commercial premises, and an upper floor with a terrace and outdoor areas is now available for sale. Its configuration offers an especially interesting opportunity to explore a potential residential transformation and development project.
The property comprises approximately:
2 ground-floor units/premises of approximately 100 m2 each.
Upper floor of approximately 150 m2, with terrace.
A house and various areas that could potentially be reconfigured.
Patio and outdoor spaces.
A layout offering scope to explore different development and utilisation options.
Potential for horizontal subdivision
One of the property's main attractions is that, according to information provided by the local authority, there may be the possibility of carrying out a horizontal subdivision. The final configuration and number of units would, however, be subject to the relevant technical project, planning regulations and the necessary administrative approvals.
This opens up the possibility of developing a project comprising several independent residential units, with different layouts and utilisation options to be assessed.
Given the existing configuration, the ground-floor units could be particularly interesting for exploring the creation of independent-access homes, while the upper floor offers sufficient space to consider a variety of layouts.
An opportunity to assess as an investor
The property allows for several potential investment strategies:
1. Purchase, renovate and resell
Create several residential units for subsequent sale.
2. Purchase, renovate and let
Develop a small residential asset designed to generate rental income.
3. Development project
Assess planning feasibility, prepare the relevant project and market the resulting homes.
4. Purchase for future development
An especially interesting alternative for professionals who know how to identify opportunities where other buyers may simply see a property requiring renovation.
Why is this property interesting?
Generous floor area and configuration offering scope for reorganisation.
Two ground-floor units of approximately 100 m2 each.
Upper floor of approximately 150 m2.
Terrace and outdoor areas.
Potential to explore the creation of several residential units.
Potential for horizontal subdivision, according to information provided by the local authority.
Located in Muro de Alcoy, with local amenities, shops and good connections to Alcoy and other towns in the area.
Particularly suited to buyers looking to create value through property development.
Don't just buy floor space. Buy potential.
This property is not aimed at buyers simply looking for a move-in-ready home.
It is intended for those who know how to assess a property investment in terms of acquisition cost + renovation + technical project + number of units + final sale price or rental return.
The current configuration offers scope to explore a residential development tailored to the investor's objectives, always subject to the relevant technical and planning assessment.
An opportunity to transform an existing property into a residential development with the potential for several independent units.
Muro de Alcoy – Alicante
Features
- Townhouse
- Bedrooms: 3
- Bathrooms: 2
- Build Size: 350 m2
- Energy Certificate (Consumption): G
- Energy Certificate (Emissions): G