€ 395,000
Commercial for sale in Teulada Pueblo, Teulada-Moraira, Alicante
- 522 m2
- 362 m2
Description
An attractive real estate investment opportunity is presented in Teulada (Marina Alta, Alicante) for investors and developers seeking a project with strong growth potential. The proposal consists of a residential building to be refurbished with 332 m2 of built area and, as a complementary asset, a commercial unit on Avenida Mediterráneo with 190 m2 built on an urban plot of 186 m2. The combination of both properties allows for a clear repositioning and development strategy focused on generating rental income and capital appreciation.
The residential building, with 332 m2 built (295 m2 usable) on a 176 m2 plot, offers a spacious and highly flexible structure, making it ideal for an efficient redistribution into several residential units such as apartments, studios, or loft-style homes. It is suitable for both long-term or tourist rentals, as well as for selling individual units after refurbishment. Its volume and layout allow the creation of a competitive product in the current market, based on asset improvement and surface optimization.
The commercial unit, located on one of the main streets of the town, provides a strong urban base for a comprehensive development project. With 190 m2 built and no horizontal division, it allows for a full-building intervention. Its current use is commercial, with residential use being compatible through a project and license. The area allows for a potential vertical extension of up to two additional floors above the existing ground floor, opening the possibility to create new residential units and maximize overall profitability, subject to urban planning verification and municipal license approval.
Teulada offers year-round activity, proximity to services, and sustained demand in the Marina Alta area, making this combined asset particularly suitable for both "buy and hold” strategies (purchase, refurbish, and rent) and "build and sell” strategies (development and sale by units), with a clear value-creation narrative based on rehabilitation and development potential.
Price: €395,000 - The price does not include taxes and closing costs. These costs are indicative and depend on the specific transaction.
Features
- Commercial
- Build Size: 522 m2
- Plot: 362 m2
- Energy Certificate (Consumption): G
- Energy Certificate (Emissions): G