Barrio de Benalua 0.09 Acres of Residential Land Offered at $1,569,220 in Alicante, Alicante 03007

Plot for residential use located in the center of Alicante, with an area of 350.42 m2, which has a basic project drafted for the development of a building of 18 tourist apartments, distributed in types of 1 and 2 bedrooms, all of them with a terrace, and equipped with 17 parking spaces for vehicles as well as specific parking for bicycles.
The plot has as its characteristic residential use and has a favorable Urban Compatibility Report (APTO) for the implementation of the Tourist Apartment Block activity, which makes it a particularly attractive opportunity for developers and investors in the tourist-residential sector.
There is currently a ground floor building on the plot that will need to be demolished for the development of the new project. The planned building is organized over a total of seven floors, with a functional and optimized distribution:
Two basement floors for parking, with capacity for 17 vehicles, as well as parking areas for bicycles.
Ground floor, where the entrance hall, a social room and a house are located.
Mezzanine floor, with two additional houses.
Four upper floors, intended entirely for residential use, completing the 18 units planned in the project.
The development supports a dual approach to exploitation:
Tourism development, maintaining the configuration of 18 tourist apartments and 17 parking spaces.
Residential development, adapting the ground floor and the mezzanine to commercial use, and allocating the rest of the building to residential housing, thus expanding marketing possibilities.
The plot is located in the Benelúa Norte neighborhood, an area not included in the areas declared as a “saturated zone” in the center of Alicante, which represents a significant advantage for the viability and stability of the tourism project.
Project surfaces:
- 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 Arquitectos studio, providing high added value in terms of design, architectural quality and technical solvency.