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Barrio de Benalua 0.09 Acres of Residential Land Offered at $1,557,776 in Alicante, Alicante 03007

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Executive Summary
The plot is primarily designated for residential use and has a favorable Urban Compatibility Report (APPROVED) for the implementation of a Tourist Apartment Block activity, making it an especially attractive opportunity for developers and investors in the tourist-residential sector.
Currently, there is a single-story building on the site that must be demolished for the new project development. The planned building is organized into a total of seven floors, with a functional and optimized layout:
- Two basement floors designated for parking, with capacity for 17 vehicles, in addition to bicycle parking areas.
- Ground floor, where the entrance lobby, a social room, and one apartment are located.
- Mezzanine floor, with two additional apartments.
- Four upper floors, entirely dedicated to residential use, completing the 18 units planned in the project.
The development allows for a dual exploitation approach:
- Tourist development, maintaining the configuration of 18 tourist apartments and 17 parking spaces.
- Residential development, adapting the ground floor and mezzanine for commercial use, and dedicating the rest of the building to residential housing, thus expanding commercialization possibilities.
The plot is located in the Benelúa Norte neighborhood, an area not included in the "saturated zone" areas of central Alicante, which is a significant advantage for the viability and stability of the tourist project.
Project areas:
- Total built area: 1,925.84 m2.
- Built area above ground: 1,311.55 m2.
- Built area below ground: 614.29 m2.
The basic project has been prepared by the prestigious García-Solera Architects studio, providing high added value in terms of design, architectural quality, and technical reliability.
Property Facts
| Price | $1,557,776 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 0.09 AC |
| Price | $1,557,776 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.09 AC |
1 Lot Available
Lot
| Price | $1,557,776 | Lot Size | 0.09 AC |
| Price Per AC | $18,013,554.67 |
| Price | $1,557,776 |
| Price Per AC | $18,013,554.67 |
| Lot Size | 0.09 AC |
Set of two residential-use plots with a total area of 350 m2 for homes or tourist apartments.
Description
Residential plot located in the center of Alicante, with an area of 350.42 m2, featuring a basic project drafted for the development of a building with 18 tourist apartments, distributed in 1 and 2-bedroom types, all with terraces, and equipped with 17 parking spaces for vehicles as well as specific parking for bicycles. The plot is primarily designated for residential use and has a favorable Urban Compatibility Report (APPROVED) for the implementation of a Tourist Apartment Block activity, making it an especially attractive opportunity for developers and investors in the tourist-residential sector. Currently, there is a single-story building on the site that must be demolished for the new project to proceed. The planned building is organized into a total of seven floors, with a functional and optimized layout: - Two basement floors designated for parking, with capacity for 17 vehicles, in addition to bicycle parking areas. - Ground floor, where the entrance lobby, a social room, and one apartment are located. - Mezzanine floor, with two additional apartments. - Four upper floors, entirely dedicated to residential use, completing the 18 units planned in the project. The development allows for a dual exploitation approach: - Tourist development, maintaining the configuration of 18 tourist apartments and 17 parking spaces. - Residential development, adapting the ground floor and mezzanine for commercial use, and dedicating the rest of the building to residential housing, thus expanding commercialization possibilities. The plot is located in the Benelúa Norte neighborhood, an area not included in the "saturated zone" areas of central Alicante, which is a significant advantage for the viability and stability of the tourist project. Project areas: - Total built area: 1,925.84 m2. - Built area above ground: 1,311.55 m2. - Built area below ground: 614.29 m2. The basic project has been developed by the prestigious García-Solera Architects studio, providing high added value in terms of design, architectural quality, and technical reliability.
Presented by
Barrio de Benalua
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