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Unmissable opportunity for lovers of large projects
This rustic house in need of renovation is ideal for those looking for much more than a home: a space to shape a personalized living environment and, at the same time, develop a profitable investment project, such as a vacation rental like Airbnb, thanks to its size and strategic location.
The property has 450 m² of built area, offering endless possibilities for redistribution. It also features two spacious porches, one of 28 m² and another of 60 m², perfect for creating relaxation areas, meeting spaces, or chill-out zones.
All of this sits on a spectacular 3,500 m² plot, ideal for gardens, a swimming pool, leisure areas, or even creating several independent spaces. As a major added value, it includes a warehouse of over 308 m², perfect for converting into tourist apartments, event spaces, a creative studio, or any project you can imagine.
Prime location:
Only 10 km from Alicante Airport
10 km from Elche beaches
10 km from Elche city center
Excellent road access
A property with great potential for appreciation, perfect both to live in and to invest in, in one of the most sought-after areas of the province.
Call us if you have any questions, we will be happy to help.
Property Features
- 6 bedrooms
- 2 bathrooms
- 450m² Build size
- 3,531m² Plot size
- Swimming Pool
Costing Breakdown
* Transfer tax is based on the sale value or the cadastral value whichever is the highest.
** The information above is displayed as a guide only.
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Mortgage Result
* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.
Spanish Property News & Updates by Spain Property Portal.com
In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.