€ 199,000
Townhouse for sale in Pego, Alicante
- 1171 m2
Description
This is a clear asset.
Are you buying square meters or margin?
An investor sees 1,171 m² in the heart of Pego for €199,000.
Do the quick math: approximately €170/m².
Well below any final product in this area.
Key points:
- Urban center location, with services; a park just a few meters away, and real village life.
- Access from two streets + interior courtyard.
- Potential to divide into multiple units for sale or rent.
Investment scenario (realistic estimate):
- Purchase price: €199,000
- Total renovation + division: €600,000
- Total investment: €799,000
Exit scenario (sale by units):
- 10–12 apartments
- Average sale price: €140,000 – €160,000
- Estimated income: €1,400,000 – €1,920,000
- Projected margin: +€601,000 to +€1,121,000
- Profitability: 30% – 45%
You can create a competitive product: efficient construction with aerothermal heating, underfloor heating, passive design, and solar panels. This can increase sales value and demand while helping reduce energy costs.
Before visiting:
Come and see the area.
If the environment does not suit you, do not waste your time.
Potentially achievable process (depending on needs):
Purchase, renovation, division, and rental or comprehensive management.
Location
Pego, Alicante Location provided by the AdvertiserFeatures
- Townhouse
- Build Size: 1171 m2
- New Build
- Energy Efficiency Rating: In Progress
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