Villa for sale in Albir, Alfaz del Pi / L'Alfàs del Pi, Alicante

Charming renovation project in Albir – approved plans, ready to start
Located in the heart of Albir, this property presents a rare opportunity for buyers or investors seeking a high potential renovation project. The existing house, originally built in 1975 and refurbished in 2025, sits on a 1,285 m² plot with 194 m² of built space on one floor. It currently features 3 bedrooms, 2 bathrooms, 1 guest toilet, air conditioning, parking for two cars, and boasts mountain views, a private pool, and a garden.
The property comes with fully approved architectural plans to expand and transform it into a modern villa with an additional floor. The proposed layout includes 4 to 5 bedrooms and 3 bathrooms, offering ample space and a contemporary living experience.
All documentation has been approved by the town hall, allowing renovations to begin immediately. The estimated renovation budget is between €300,000 and €350,000, with a projected completion time of approximately 9 months.
Once complete, the home will feel like a brand new build, featuring a stylish new kitchen, modern bathrooms, upgraded interiors and finishes, a redesigned garden and outdoor spaces, and a retouched swimming pool.
This is a compelling long term investment in one of Albir's most desirable residential areas. The property is offered unfurnished.
Key distances
– 5 minutes to Albir beach
– 45 minutes to Alicante Airport
– 1 hour 30 minutes to Valencia city