€ 430,000
Townhouse for sale in Altea, Alicante
- 245 m2
- 6
- 3
- 175 m2
Description
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.
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.
Features
- Townhouse
- Bedrooms: 6
- Bathrooms: 3
- Build Size: 245 m2
- Plot: 175 m2
- Year Built: 1900
- Energy Efficiency Rating: In Progress