Make an Enquiry About This Property
A fully operational restaurant with strong turnover is offered for sale, together with an approved building feasibility project — making this asset attractive both for hospitality investors and property developers.
? The Asset – Fully Operational Commercial Premises
The restaurant is sold as seen in the photographs (excluding sculptures and selected electrical appliances), fully equipped and ready to continue trading without interruption.
With a total built area of 361 m² (360 m² usable), the layout has been carefully designed to deliver a premium dining experience:
Two private dining rooms
Dedicated wine cellar
Two outdoor terraces
Impressive 40-metre bar
Fully equipped industrial kitchen
1 bedroom with private terrace
3 restrooms (one adapted for reduced mobility access)
Air conditioning system (hot & cold)
Capacity for approximately 150–200 guests
Situated at street level in a 1997 building, the premises are in good condition and strategically positioned in a high-demand area close to the city centre.
An ideal opportunity for investors seeking an established hospitality business in Alicante.
? Development Opportunity – Building Potential
Beyond its current commercial use, the property also offers compelling urban development possibilities.
Plot details:
Total plot size: 395 m²
Façade: 7.5 linear metres
Buildable depth: 15 linear metres
Potential to construct up to 5 residential units:
Ground floor
Three upper floors
Set-back penthouse
Each unit could include an underground parking space.
Estimated buildable area per floor: approximately 112.5 m² (excluding common areas).
Estimated penthouse size: approximately 90 m².
This represents a strategic acquisition for developers seeking urban land with strong feasibility in a consolidated area of Alicante.
A Dual Investment Strategy
✔ Immediate income through hospitality operation
✔ Long-term capital appreciation through residential development
Few assets offer this level of flexibility and scalability in one of the Mediterranean’s most dynamic cities.
Contact LAV Real Estate for further information or to arrange a private viewing.
This document is provided for informational and commercial purposes only and does not constitute contractual information. Taxes and purchase costs are not included.
Property Features
- 0 bedrooms
- 3 bathrooms
- 364m² Build size
- Veranda
- Storage
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.
Mortgage Calculator
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.