Finca/Country House for sale in La Carroja, Vall de Gallinera, Alicante

Stone house with 7 bedrooms and an 11.24% return

Are you looking for a large house with character, space for the whole family, and real potential for generating income?

This 487 m² property in La Vall de la Gallinera (Marina Alta) makes sense for those who do not want to pay for a conventional house. Here, you buy spaciousness, artisanal restoration, and a layout that allows for living, working, hosting guests, or developing a room rental project.

This house is unique because it was renovated in 2023 by a true craftsman. Its solid pine doors, beams, ceilings, railings, and numerous wooden elements were handcrafted. The 200-meter-long natural stone façade, the house's 70-centimeter-thick stone walls, the Valencian vault of the stairs, and a restored stone cave in the patio preserve the true identity of the home.

On the ground floor, you will find the entrance, library, living-dining room, open kitchen with a sitting area, two double bedrooms, two bathrooms, and an interior patio with a barbecue, where you could also install a wood-burning oven.

The first floor has two living rooms, three double bedrooms—one with a private living room and en-suite bathroom—and a 20 m² terrace with mountain views.

The second floor features a surprising 107 m² living room, two bedrooms, and the former carpenter's workshop. This area offers possibilities to create more bedrooms, bathrooms, a study, activity room, or a large terrace.

Why buy this house and not another?

Because of its relationship between price, surface area, and condition. Its price is approximately €614/m², which is hard to find in a renovated property with these dimensions and this level of craftsmanship.

Its structure allows for independent spaces and the use of each floor in different ways. The thick stone walls provide thermal inertia and help maintain more stable indoor temperatures. Additionally, each floor has a closed fireplace. The back area, facing southeast, receives more sunlight and promotes ventilation and brightness.

The property has seven exterior double bedrooms and three bathrooms. Renting out the seven rooms for €400 per month generates €2,800 per month and €33,600 per year: a potential gross return of 11.24% on the purchase price.

The house is sold unfurnished, although there is an opportunity to acquire part of its unique collection.

La Vall de la Gallinera has squares, shops, bars, restaurants, and local amenities. Pego, which offers the main services, is a 15-minute drive away. The beaches of Oliva are just 25 minutes away.

Estimated profitability: Price per m² €614, projected monthly rent €2,800, annual gross income €33,600, and gross return on price of 11.24%.

Large area, low price per square meter, artisanal renovation, and the possibility of generating income.